I am a big proponent for not giving Visa, Mastercard, and the other fin tech monopolies a dime. However, I use them because the social credit score is almost essential in today's economy and I also get a little cashback for using it.

Today, I came across an establishment that showed a 3% added fee for credit cards and I was pretty happy to see this. If businesses don't want to be cucked by payment processors, provide more options, where it be crypto like Monero or something or just cash payments.

Even at farmers markets, where we have little independent farms and they seemingly don't have a preference or incentive to prefer cash or credit card payments via Square (who, I'm sure takes a cut).

Is there a downside I'm not seeing? Let me know especially if you have further information.

Australia just recently banned credit card surcharges. The cash price has to be the same as the card price. I believe part of the reason was that many retailers were silently added the surcharge at checkout instead of being upfront with the cost.

The surcharge is usually way less than 3%, which does suggest that the place is overcharging and pocketing the difference, which I'm not cool with.

As long as the pricing is upfront I don't really mind either way, I want to know what I am being charged, with no hidden surcharges or fees.

I see these signs often in small businesses! Depends on where you are, but I pay cash at these stores to help out.

When I worked retail we would occasionally get customers who would ask, "10% off for cash?" That's not the credit card fee, even for a small business. That's the combined state and local sales taxes here in LA. So they were assuming the owner would do the transaction under the table and not pay the taxes to make up the difference. She would tell them she ran a legitimate business and always paid her taxes, and every transaction went through the computer which would automatically add them. Sometimes if it was a large purchase and she didn't want to lose the sale, she'd add, "I will do you a courtesy 10% discount this time, but you should know it's coming out of my pocket." And she'd check those Benjamins.

This is yet another of those american things I never understood.

I don't ever use the credit side of my card and I virtually never pay cash for anything nor do I as a bussiness owner want cash either.

I do keep some amount of cash and do not want to ever move into cashless society but as a payment method I consider it virtually obsolete.

But you see my debit card works over Visa.