121–125 of 125 posts
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Why not? Why pay now when you can pay later for free?
With 1% cash back, no less. I try to funnel all my expenses through a card -- and pay in full each billing cycle naturally.
Must be an American thing, I guess. Is EFTPOS (ie debit card) less common in the US than in Australia? Seems odd to provide a credit card service by itself. People don't pay for coffee and things on credit, do they?
Don't forget that there is a lot of inertia in the States due to the huge population. It would be much more difficult to role out a national payment network here than in Australia. It's easier to piggy back on the system set up by the credit card companies than it is to get all the banks to work together.
There are a couple of other factors that make cards more appealing here too. Sales tax is added at the till. Where I live it's 8.75%. This means I can't know ahead of time what I owe and prepare the correct coins and notes. Additionally, I use Mint to track and categorize my spending. It sounds silly but it makes it so easy to track my budgets when I pay for everything by card.
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Bluetooth audio dongle and a robust dock maybe?
With Bluetooth on, I don't see how a store will make it through an entire day without going through at least one iPhone battery charge. It would defeat the purpose. Bigger stores can probably use an iPad instead, but I don't think we'll see a Bluetooth solution for the above reason.
Actual wireless card device processor cost around $800. That let place for square to come up w/ something.
source: http://www.acceptcreditcard.ca/articles/using_a_wireless_car...
Earlier quoted context omitted.
With 1% cash back, no less. I try to funnel all my expenses through a card -- and pay in full each billing cycle naturally.
The cash isn't free. You're paying the X% credit card tax on purchases via higher prices.
Earlier quoted context omitted.
With 1% cash back, no less. I try to funnel all my expenses through a card -- and pay in full each billing cycle naturally.
The cash isn't free. You're paying the X% credit card tax on purchases via higher prices.