• Paddzr@lemmy.world
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    2 days ago

    They also charge the store quite a cut. Because they have such high checkout rate… In some industries it’s allegedly 30%. Paypal does 3.9% or something like that.

    • fishos@lemmy.world
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      2 days ago

      They also typically require a minimum purchase amount, so you have to spend more than you might have planned in order to use them. That $45 purchase suddenly becomes $55 because you needed to add something to go over $50. Those amounts add up over time and result in overspending.