Originally Posted by
Miesque
I would think it would be pretty simple. It's not unusual for an establishment (especially restaurant) to have a sign "We only take X, Y or Z) and that can be cash and/or check or only MC or VISA or cash . OR now in some places "Completely Cashless" I also have to further note that as margins for various products, services get squeezed with high costs and/or tariffs, you are going to absolutely see more differentiation in payment options (or additional fees if used)
now the sign is going to say, we take visa traditional, visa signature, mc standard, mc world and amex. that’s great isnt it?
if merchants do this, the immediate change would be customers will use amex more and then the merchants will end up paying more interchange fees again. then maybe the merchants will stop accepting amex too?