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verst • yesterday at 5:44 PM • 3 replies • view on HN

The vendor pays the 3% not you (through increasingly vendors try to charge this fee to you as well). If you as the consumer had to pay 3% extra every time, do you still agree?


Replies

kuratkull • yesterday at 5:49 PM

Where do you think the vendor gets the 3% to pay the network?

If I bake cakes to sell them, and have to pay 3% to a network for each purchase, then that 3% is in the price of the cakes.

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SomeUserName432 • yesterday at 6:39 PM

> The vendor pays the 3% not you

In Brazil, you'll typically get a "10% discount" when not paying by credit card.

Eg, it's very clearly pushed unto the consumer. I assume some law says they cannot charge more for it, so they got a default price, but always advertise a lower price with a small text "if paid via pix"

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1270018080 • yesterday at 6:05 PM

All fees and taxes and tariffs end up being a direct cost to the consumer