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<p>[QUOTE="TheMont, post: 2686746, member: 80121"]Talking about the soda machine accepting charge cards:</p><p>Yes, the soda may only cost a dime, but that's to the original maker of the soda. I'm sure the person who stocks the machine pays a higher, while wholesale , pays a much higher price for the soda. Again, with the credit card company charge to the retailer, I don't see how they make a profit letting the public use a credit card to buy a $1.25 soda. Just look at the different prices coin companies charge- one lower price if you pay by check/bank transfer, a higher charge if you pay by Debit/Credit Card.</p><p><br /></p><p>They say that cash may be on the way out and electronic, debit, charge are going to eventually replace cash, but here small retailers still encourage the use of cash to save the 4 or 5% or higher, cost of credit cards. By the way, when you use a Debit/Credit card you are paying right down to the cents for any item purchased. Even if the merchant tries to charge an amount to avoid cents or nickels, sales tax will add it in.[/QUOTE]</p><p><br /></p>
[QUOTE="TheMont, post: 2686746, member: 80121"]Talking about the soda machine accepting charge cards: Yes, the soda may only cost a dime, but that's to the original maker of the soda. I'm sure the person who stocks the machine pays a higher, while wholesale , pays a much higher price for the soda. Again, with the credit card company charge to the retailer, I don't see how they make a profit letting the public use a credit card to buy a $1.25 soda. Just look at the different prices coin companies charge- one lower price if you pay by check/bank transfer, a higher charge if you pay by Debit/Credit Card. They say that cash may be on the way out and electronic, debit, charge are going to eventually replace cash, but here small retailers still encourage the use of cash to save the 4 or 5% or higher, cost of credit cards. By the way, when you use a Debit/Credit card you are paying right down to the cents for any item purchased. Even if the merchant tries to charge an amount to avoid cents or nickels, sales tax will add it in.[/QUOTE]
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