A class action lawsuit alleges Visa, Mastercard and some of America's largest banks have conspired to artificially inflate merchants' credit card transaction fees.
Don’t forget that they charge everyone those fees, even the people that don’t use a card, so when someone pays with cash or something they get to just pocket the difference.
In America all the merchants just charge the customer the merchant fees and call it a day
Don’t forget that they charge everyone those fees, even the people that don’t use a card, so when someone pays with cash or something they get to just pocket the difference.
No they just charge credit card users the fees, and encourage you to pay cash.