Hidden credit card surcharge is costing you – and it takes a sneaky fee during every transaction ...Middle East

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A YOUTUBER has revealed hidden costs that shoppers never notice. By allowing the use of credit cards, all retailers face fees from credit card companies on all transactions. GettyCredit card companies hide fees in every transaction[/caption] “Credit card companies hide the fact that this whole credit card is propped up by every living person in the United States,” Cal Barton said. “The cost of using credit cards trickles down to all of us.” Barton said the cut that the credit card companies get is called an interchange fee, which ranges from one to three percent of purchase costs. These fees aren’t something that retailers gladly accept though. Retailers cover those fees by

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Last updated : 12 Nov 2023 clock 01:32 AM

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Hidden credit card surcharge is costing you – and it takes a sneaky fee during every transaction ...Middle East

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