FlyerTalk Forums - View Single Post - Money Orders with CCs and store gift cards
Old Nov 12, 2008, 7:48 pm
  #7  
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Originally Posted by AAerSTL
Shop N' Save:
http://www.shopnsave.com/sns-webapp/index.jsp


As for the $9 (3 %), [which btw very well may not be the amount they pay] would be no different than someone ringing out $300 in groceries and charging it on their MC, Visa, etc. I guess in this transaction they would hypothetically lose the n dollars, but like anything else they may lose $9 on one customer but make $25 on the next guy.
yeah but when buying groceries there could be 10% profit margin so they can afford to give 3% to the CC and keep 7%. with a $100 money order they have to pay 3% to CC get $1 from the customer and so lose out on $2.
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