• DonkMagnum@lemy.lol
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    7 days ago

    Not a standard, so much as a monopoly that charges all Canadian shoppers a hidden tax no matter how they pay.

    • lukecyca@lemmy.ca
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      7 days ago

      Can you elaborate on this?

      I manage several businesses with merchant accounts, and our fees on Interac debit are far far lower than credit cards. Credit card fees are really rough on small businesses, especially for premium cards (Visa Infinite, etc).