Talk of The Villages Florida - View Single Post - Is there a charge to the Merchant when you use a Gift Card?
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Old 06-05-2023, 05:25 AM
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Quote:
Originally Posted by EdFNJ View Post
That's because the one you go to is likely charging the same for cash or credit, NO ??? . SOME Circle K's offer a 10c discount for cash or for using their app where you have to link a card to it (which I would never do). They have 2 prices "cash and credit/debit". Cash saves 10c. They aren't UPCHARGING for a card, they are DISCOUNTING for cash. Most credit card banks do not permit UPcharging for credit cards or you can risk losing your processing contract .
The discounted price is 10 cents more than the rate for gas at stations that don’t offer the discount. So if you get the discount you pay the same rate as the station across the street and if you don’t you pay 10 cents more. It is just a way to get most people to pay more for than their gas.