A Boring Dystopia

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Pictures, Videos, Articles showing just how boring it is to live in a dystopic society, or with signs of a dystopic society.

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More Americans are financing groceries with buy now, pay later loans — and more are paying those bills late, survey says (www.cnbc.com)

submitted 1 day ago by [email protected] to c/[email protected]

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[–] [email protected] 4 points 1 day ago

I think a lot of people don't realize what a big piece merchant fees are. This is why so many places just don't take AmEx.

https://www.bankrate.com/credit-cards/business/why-american-express-isnt-universally-accepted/#why

"Visa and Mastercard tend to charge credit card processing fees between 1.15 percent + $0.05 and 2.5 percent + $0.10 per transaction. American Express charges 1.43 percent + $0.10 to 3.30 percent + $0.10 per transaction. That means if a business sells $10,000 in credit card transactions per week, they could pay around $115 to $250 in Visa and Mastercard fees versus around $143 to $330 in Amex fees."

Now that CapOne is trying to buy Discover, I have no idea what that will mean...

https://www.kiplinger.com/personal-finance/credit-cards/capital-one-and-discovers-merger-approved-heres-what-it-means-for-your-wallet