Debit isn't always cheaper. https://dharmamerchantservices.com/faq/visa-consumer... | Hacker News

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havaloc on Oct 4, 2023 | parent | context | favorite | on: D.C.'s ban on cashless businesses takes effect

Debit isn't always cheaper.

https://dharmamerchantservices.com/faq/visa-consumer-interch...

Scroll down and check out the debit rates. 22 cents a transaction for credit union debit cards isn't cheap.

lotsofpulp on Oct 4, 2023 | [–]

Agree that it’s still killer for small transactions. Which is why the US federal government should have long ago offered electronic money transfer as a utility where merchant fees were low even for smaller dollar amount purchases.

seanmcdirmid on Oct 4, 2023 | [–]

Maestro is 0.3-0.4% in Europe, which isn't bad.

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