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tonymettoday at 6:47 PM5 repliesview on HN

Jokes on you. Merchants prefer credit cards because there is less loss than cash. 2.5% is nothing compared to 5-10% loss at the register. Plus easier and more accurate accounting.


Replies

1970-01-01today at 6:52 PM

If you're expecting 10% loss at the register and have terrible service, that's a 1-2 punch for bankruptcy.

seri4ltoday at 7:10 PM

>5-10% loss at the register

Where did you get this number from?

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aand16today at 7:05 PM

90% of cash I give to restaurants goes in the pocket, not the register.

Bad service = card always.

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Onavotoday at 7:07 PM

ACH is still the best

https://gocardless.com/

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asdfftoday at 7:28 PM

If your employees are stealing you should probably nip that in the bud...

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