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Old Aug 28, 2003 | 10:05 am
  #14  
NickW
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<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Leumas:
Therefore, you always get the best price when shopping with cash, especially with large items.
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This certainly isn't true any more - cash handling fees being what they are. I was speaking to the manager of a camera store a few days ago, and he said that the flat-fee that most merchants charge for debit cards these days is less than it costs for him to handle cash.

<font face="Verdana, Arial, Helvetica, sans-serif" size="2">Originally posted by Leumas:
Of course, the large (chain) stores wouldn't care less, but to smaller retailers, the 2 - 3% difference (or whatever it is) matters a lot.
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But it matters significantly less than making a sale vs. not making a sale. Neither of the parties to these transactions are charities, and I don't feel in the slightest bit guilty about squeezing the margins of a smaller company that might otherwise not be getting my business at all.
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