You can’t ban business from passing on their costs to their customers.
Australia just tried this by banning businesses from charging a card use surcharge.
You really reckon business aren’t going to then just wrap the cost of card service / merchant fees in to every product, thereby hurting those who pay with cash?
Hint: that’s exactly what businesses are doing. I know because I asked them.
Maybe stop voting for politicians who believe they can tax and regulate an economy to growth and productivity.
A fee for a specific service (ie using a card vs using cash) is pretty different from unavoidable junk fees. As long as a fee like that is advertised up-front it's totally fine; but fees that everybody has to pay are a qualitatively different thing because they are just a way to get a misleadingly low sticker price for the product.
flowerlad · · focus · HN ↗
tossandthrow · · focus · HN ↗
rightnutwingjob · · focus · HN ↗
Australia just tried this by banning businesses from charging a card use surcharge.
You really reckon business aren’t going to then just wrap the cost of card service / merchant fees in to every product, thereby hurting those who pay with cash?
Hint: that’s exactly what businesses are doing. I know because I asked them.
Maybe stop voting for politicians who believe they can tax and regulate an economy to growth and productivity.
tikhonj · · focus · HN ↗