Talk of The Villages Florida - Rentals, Entertainment & More
Talk of The Villages Florida - Rentals, Entertainment & More
#16
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When you use cash at a gas station, don't you need to make two trips into the building, one trip for the initial payment and another trip to get your change?
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#17
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Every reasonable sized vendor has to do payment processing, whether it is depositing cash or checks. In addition to the payment processing, there can be clerical errors from underpayment. Checks may be returned for insufficient funds. All of these costs are a part of the operation.
Many vendors choose to use credit card processing to increase their business, reduce payment risks, and cut their costs, and to avoid being in the credit business themselves. Often they will charge something close to the fee that they are charged by their payment processor. Do they really want cash? Only if they are illegally under-reporting income. But for customers that worry about the 2-3% charge, they make it look like they are getting a better deal. Streamlined payment processing is a win for most vendors and most customers. Each gets all of the processing done by someone else and gets periodic reporting as a result. I would prefer no cash always. |
#18
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Or also knowing which car is slowing down approaching an intersection on purpose so that they make it thru and you dont and get caught at the red light ( you know who you are). The proof is when you catch them doing it and swing around them they " mysteriously" find the gas pedal and give you the dirty look. Laugh all the way. Last edited by Worldseries27; 07-15-2025 at 06:49 AM. Reason: Spell |
#19
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__________________
Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works. Confirmation bias is real; I can find any number of articles that say so. Victor, NY - Randallstown, MD - Yakima, WA - Stevensville, MD - Village of Hillsborough |
#20
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__________________
Why do people insist on making claims without looking them up first, do they really think no one will check? Proof by emphatic assertion rarely works. Confirmation bias is real; I can find any number of articles that say so. Victor, NY - Randallstown, MD - Yakima, WA - Stevensville, MD - Village of Hillsborough |
#21
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I get 5% credit for gas purchases at Costco, 4% for gas purchases at other gas stations, 3% on restaurants using by Costco simple card, 2% on all other purchases using one of many cards. I get 2% back paying my insurance bills using a credit card. Discover every quarter has a 5% reward on revolving categories. Some cards offer a bonus of hundreds for using a new card. I get the use my money for a longer time. As opposed to many debit charges on my bank statements I just have a few payments to the credit card companies. Because I use my cards for business and pleasure I get back more than a $1,500 a year in rebates. So let somebody get my number. One call and I get credit for these charges and a new card sent to me. To each their own.
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Facts are stubborn things; and whatever may be our wishes, our inclinations, or the dictates of our passions, they cannot alter the state of facts and evidence. John Adams Last edited by Haggar; 07-16-2025 at 07:49 AM. |
#22
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When I use my CC at a gas station I don't go in at all. If the gas station does not have a credit card reader at the pump I go somewhere else.
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#23
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#24
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They make money on people who pay interest on their credit card debt. About $1.2 trillion in debt nationwide.
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#25
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I never pay outside at the pump with a CC. Always inside. I use cash a lot for gas, (and restaurants) and looking at gauge, I pretty much know to the dollar the cost of a fill up. Underestimate I have a few pints less gas. Overestimate, the cashier has a better day and makes a buck or two. Easy peasy.
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#26
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Well, maybe they will collect 1.2 trillion and maybe they won’t? I watch guy at liquor store go through 8 credit cards none of them would work. Do think their going collect full amount on people that use one credit card to pay off another and get another one charge max, get another one to pay off that one? IMO that ‘s majority of people holding CC debt?
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#27
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#28
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#29
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I find it interesting that many years ago, when McDonald's starting accepting credit cards at their restaurants, they reported an increase of about 50 percent in per transaction charge because people naturally spent more money when using a credit card. I wonder how long most restaurants could survive if they stopped accepting credit cards. Personally, I think credit cards benefit the merchant more than the customer.
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#30
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Cash or check, and now their closed. |
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