Agreed. The only fee I can swallow is mom-and-pop stores and governments charging a small fee for credit card processing.
In the government’s case, law only provides for them to charge $X and they must gather $X. They can’t make up for the provider fees. Legislation should roll that into consideration moving forward.
Or even better, create a public payment infrastructure that isn’t predatory to both merchants and consumers. Finance being a private industry instead of a public service is a part of the problem.
But I agree that that is an example of a good use of fees. “Oh, if you do this thing, it costs more money to service you, so rather than pricing it in for everyone regardless of whether they do it, just charge the difference when it is done.”
Agreed. The only fee I can swallow is mom-and-pop stores and governments charging a small fee for credit card processing.
In the government’s case, law only provides for them to charge $X and they must gather $X. They can’t make up for the provider fees. Legislation should roll that into consideration moving forward.
Or even better, create a public payment infrastructure that isn’t predatory to both merchants and consumers. Finance being a private industry instead of a public service is a part of the problem.
But I agree that that is an example of a good use of fees. “Oh, if you do this thing, it costs more money to service you, so rather than pricing it in for everyone regardless of whether they do it, just charge the difference when it is done.”