Where do you think the vendor gets the 3% to pay the network?

If I bake cakes to sell them, and have to pay 3% to a network for each purchase, then that 3% is in the price of the cakes.

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DaSHacka 4 hours ago | parent | next [-]

That's if they pass on the cost to the consumer. Some businesses charge the same amount whether paying cash or card, meaning paying with a card is ""free"", or at least not "penalized" over cash.

	▲	kuratkull an hour ago \| parent \| next [-]
		It really means that the cash payers are subsidizing the card payers, b/c the cash payers don't get the cake for cheaper. I, as a cake seller have a cost i need to pay to the network every month, from my total revenue it's some percentage (depending on ratio of cash vs card). I obviously add that percentage to my cake prices to make up for that. Both cash and card payers pay the same amount for the cake, thus they share the price hike equally.
	▲	radiator 4 hours ago \| parent \| prev [-]
		But the cost still finds its way to the end price of the product.

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scoot 4 hours ago | parent | prev [-]

I can't reply to DaSHacka, but just to point outat least in this country, merchants have to pay to deposit cash. Not to mention the additional cost on their side of handling it, higher insurance cost, etc. etc. Cash isn't free of transaction fees/