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.
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.
tossandthrow · · focus · HN ↗
You just ask the business to advertise a single price.
Naturally businesses pass on the cost of doing business, it is literally their job.
Pricing just needs to be transparent - this is a key requirement for an efficient market. And something the US is failing at miserably.
rightnutwingjob · · focus · HN ↗
What wasn’t transparent about having a line item on the receipt for the card usage charge?
How is obfuscating it better for the customer?