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To: Uncle Chip
Stores already have their card fees hidden within their sales price just as they've included every other running expense within the price you pay. Does anyone really think they'll lower the shelf price to accommodate those who pay with cash? No, I didn't think so.
3 posted on 01/27/2013 7:32:31 AM PST by bgill (We've passed the point of no return. Welcome to Al Amerika.)
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To: bgill

I’ve seen “cash discount” before. once or twice, in the past... say 30 years of shopping.


6 posted on 01/27/2013 7:37:39 AM PST by VAFreedom (maybe i should take a nap before work)
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To: bgill
Does anyone really think they'll lower the shelf price to accommodate those who pay with cash? No, I didn't think so.

It wouldn't be hard to offer a cash discount at checkout. But cash purchasers are already subsidizing credit card users. The shelf price already reflects the credit card fees.

Most cash payers don't realize that they're subsidizing credit card users. And it isn't in the merchant's interest to tell them.

That's why I pay by credit card everywhere, and then pay off the bill at the end of the month.

BTW, there may be a minimum fee per transaction, charged to the merchant, which is why "$10 minimum on charges" signs used to be common. I have to pay a $1 minimum with the credit card processor for my on-line business.

28 posted on 01/27/2013 8:53:45 AM PST by St_Thomas_Aquinas
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To: bgill
Stores already have their card fees hidden within their sales price

It's not included in everything, on a daily basis I have some one try to charge 2 & 3 dollar items.

I am constantly amazed by the amount of adults who do not even have a nickel on them.

35 posted on 01/27/2013 10:06:22 AM PST by Kakaze (I want The Republic back !)
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To: bgill

I’ve known a few stores that gave discounts for paying with cash. Not many, but a few.


38 posted on 01/27/2013 10:23:12 AM PST by Ellendra (http://www.ustrendy.com/ellendra-nauriel/portfolio/18423/concealed-couture/)
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To: bgill

Merchant service contracts prohibit the offering of discounts for using cash, that’s why stores don’t do it.

I think we will see mini mart type business starting to use surcharges on credit purchases under $10 now that they have the right to do so.


39 posted on 01/27/2013 10:30:29 AM PST by Valpal1
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To: bgill
I have never seen a "discount for cash" but I shop locally when I can, and always pay cash when patronizing local mom-and-pops. Just to do my neighbors a little favor.
46 posted on 01/27/2013 2:09:40 PM PST by hinckley buzzard
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