16-11-2025 16:00 via theguardian.com

Merchants’ ‘victory’ over credit card fees will just complicate things more for them

Do small business owners think that Visa and Mastercard won’t just recoup their fees elsewhere?Want to buy a new shirt from your friendly neighborhood small business? In some cases, be prepared to pay out 2.5% more as a “financing” fee because you’re using a credit card. Enjoying that meal at the local diner? Better have cash or you could be subject to the same fee. Grabbing a bag of chips and a soda at the local convenience store? Oops … Unless you’re prepar
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