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tiny-mole
[99]
3 years ago
15
Why do some merchants, particularly smaller businesses, set a minimum purchase of $10 for any credit card transaction, or simply
refuse to take any sort of bank card from consumers?
Mathematics
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answer:
amm1812
3 years ago
6
0
Because accepting credit cards cost the business small transaction fees. These businesses already have a paper thin profit margin, meaning if you buy less than $10 and use credit card, their profit is little to non-existent.
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