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Is that true in the US? Where I come from, card payments have a fee that the merchant has to pay, but bank transfers are free and instant.
Yup! The bakery where I buy my coffee on occasion has their menus listed with two prices… The card prices are 4% higher. So an item that is priced at 7 bucks cash is listed as $7.28 for card.
Makes me so glad that I have never signed up for a card.
Over 60 with NO credit rating… delightful.