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I can't believe PayPal and the credit card cartels can get away with this shit. Card fees eat up an astounding amount of profit from low margin items, retailers should be able to encourage whatever payment method they want.

If customers knew how much they were actually paying to these card companies indirectly (thousands of dollars a year) most people would switch to cash

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True. At the same time, don't forget that banks charge business a small fee to deposit cash into their bank account. For example: https://www.tdcanadatrust.com/products-services/small-busine...

That's for Canada. In the US I have seen a lot of business checking accounts accept the few bunch of checks for free. ACH transfers are unlimited.

They even fee cash and coin deposits. I have never had a bank charge a fee for cash (or coin) deposits.

In Canada the Interac debit card network has transaction fees on the order of a few cents. It's crazy how much money US payment processors manage to skim off.

It's crazy that having a couple huge companies that silently collude to maintain their existing market share somehow isn't antitrust

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