There are european countries that have made the practice illegal.
There are countries that said you should always, without extra costs, allow digital payment.
Funny enough, they bypassed cards then and went for things like payconiq, wero, apple pay, google wallet, … to bypass the costs of card readers haha
Credit card and Debit Card charge the merchant per transaction, so most places will have a minimum spend. but usually it is like $3 or something. Same with food bank donations, it has a low minimum because their transaction provider charges fees for handling the donations online
They generally have to pay a fee per digital transaction, and I once saw it was 0.55€ for a transaction I did, so I can definitely understand that they don’t want to lose money on small purchases.
The alternative would be to require extra payment for digital transactions, or to increase prices for everyone (even more).
Am I too European to understand this? This minimum shit is stupid and should be illegal
? I encounter this in Europe regularly.
There are european countries that have made the practice illegal.
There are countries that said you should always, without extra costs, allow digital payment.
Funny enough, they bypassed cards then and went for things like payconiq, wero, apple pay, google wallet, … to bypass the costs of card readers haha
I’ve definitely encountered this in Germany recently.
Nothing to do with being European. I see this occasionally at small businesses here in Austria, such as tobacco stores.
It was 15€ minimum for a long time in France, but now they’ve finally caught up.
Credit card and Debit Card charge the merchant per transaction, so most places will have a minimum spend. but usually it is like $3 or something. Same with food bank donations, it has a low minimum because their transaction provider charges fees for handling the donations online
Local companies in Germany also have a min.limit on card payments like EC?
They arent everywhere but they exist.
I think it is here too but people still do it.
They generally have to pay a fee per digital transaction, and I once saw it was 0.55€ for a transaction I did, so I can definitely understand that they don’t want to lose money on small purchases.
The alternative would be to require extra payment for digital transactions, or to increase prices for everyone (even more).
… make it illegal and nothing in a store will be under $10 (or so).
You’re too illogical to understand it, apparently.