Thread: Food and Drink Gay Day With Clay IV: Pizza Adventure!
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Old 09-01-2014, 10:31 AM   #85
ShortRoundChief ShortRoundChief is offline
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Join Date: Aug 2001
Location: Joplin
Casino cash: $4067192
Quote:
Originally Posted by TimBone View Post
Yea...This is true. Some random Indian dude explained the process to me during our transaction. Every time they swipe a card, they are charged a certain fee from the company they use to process debit/credit transactions. That fee is charged whether or not the transaction is completed. Therefore, you walk in there, swipe your card for five dollars worth of soda and chips, and you're card gets declined because you're a shitbag with no money, that store owner still gets charged for swiping that card.

Similarly, if you only buy a fifty cent bag of crackers that they're making a 20 cent profit off of, and the debit/credit transaction fee is 25 cents, they're losing five cents by selling you that bag of crackers via debit/credit.

Damn those shitbags.
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