this post was submitted on 09 Dec 2023
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The federal government says it has hammered out the final details with Visa and Mastercard to lower credit card transaction fees for merchants, but small business advocates say the deal doesn't go nearly far enough.

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[–] [email protected] 1 points 1 year ago (1 children)

@sik0fewl Just scanning the net and discovered that #Telus has backed down after customer complaints - they're back to burying the interchange fee in their charges. Of course, customers aren't really saving money as a result - it's back to everyone pays.
#CanadianTire has successfully made credit card customers pay for years by giving less #CashBack on their points cards (Canadian Tire money) for credit card payments. No one else seems to get away with this though.
https://www.cbc.ca/news/business/telus-credit-card-fee-1.6882341

[–] [email protected] 1 points 1 year ago

Ugh, that's disappointing. Probably the same people complaining about inflation, too.