Originally Posted by
greg_atlanta
This settlement (if implemented) heavily favors the banks and shifts the burden to retailers to implement system upgrades to accurately calculate the surcharge for premium cards. I doubt merchants will want to have negotiation prompts at in-person point of sale since it's a huge waste of time for the merchant, and rude to the next customer waiting in line.
They can just make the "accept the fee" a green box and "use an alternate payment method" a red box and 95% of people will just click through. Sure it's a dark pattern, but it keeps the line moving so it keeps the torch and pitchfork folks at bay.
Originally Posted by
greg_atlanta
Do you want to be THAT GUY/GAL making the waiter run back and forth to try different cards and slowing down service for everyone else??!?!?
Based on the number of people I've seen filling in a tip line at places with gratuities already included, I highly doubt this attention to detail will be a thing at scale. I have complete confidence in the laziness of the average human.
All of this is .... whatever .. break it out as a fee, bundle it in with the base product cost, in the end the price is the price. On an individual transaction basis I strongly believe it wouldn't be enough money for the average consumer to worry about. If in aggregate it starts to amount to meaningful dollars then maybe investigate more efficient payment methods. I imagine most of the people reading this collection of sub-forums already do that today when they look to maximize their cash back / point earnings in various categories, so now potentially optimizing for reduced costs might be a thing. Some people will adapt and feel better about savings if that materializes, but the vast majority will let inertia take the wheel and swipe away using whatever card they fancy most.