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Originally Posted by getbak
I wonder how many businesses will actually do this? Calgary Co-op has already announced they won't be.
I'd think any company that does a large percentage of its transactions by credit card will already have it factored into their prices and it would be better to give a discount for cash payments than charging more and pissing off a large percentage of your customers for paying by card.
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The Visa and MC terms of service typically outlaw offering discounts for paying debit or PAD.
Since that’s the exact part of this that got struck down, I do think we’ll see more businesses going the incentive route, rather than positioning it as a penalty.
The problem is that credit cards are so ubiquitous and so many Canadians who live paycheck to paycheck rely on credit cards to be able to eat and live, will be hit hardest by this change.