Beligerence Posted January 1, 2017 Share Posted January 1, 2017 Debit fee interchange is not a fixed rate, it is 0.2%+1p for transactions. Then there is the acquirer margins as well. Was a fixed fee as far as I am aware, with credit cards being a percentage, the fee/percentage dependent on who you are signed up with. Link to comment Share on other sites More sharing options...
999tigger Posted January 1, 2017 Share Posted January 1, 2017 What is so hard to undestand that shops (especially small ones) need to make a profit to keep going. As long as they tell you up front then you have a choice use it for convenience or walk to a free cash machine. Your choice. You forget their standard costs of having the shop and the staff in the first place. Link to comment Share on other sites More sharing options...
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