this post was submitted on 28 Oct 2025
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Chapotraphouse
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Visa / MasterCard have pretty big monopoly on the market.
Big retailers like target have the opportunity to negotiate the transaction fees since they have such a high volume of transactions.
Mom and Pop shops? They have no real negotiating power and can get shafted by Visa increasing their fees with no ability to fight back.
Pay with cash as much as you can to local shops. That 3% is a significant amount of money with how slim the margins have to be for them to stay afloat.