Who Should Pay? | Canadian Business Can Now Pass on Credit Card Charges
1 year ago
9
Since Oct 06. 2022, it is now lawful for Canadian businesses to charge credit card transaction fees (if they want to). As both, a small business owner that has been silently paying these merchant fees for the past decade, and a credit card holder who automatically processes many of my home expenses via credit card, with enticing bonus point offers for doing so, I'm happy that this new law in Canada, will start the conversation around who should actually SHOULD be paying the fees associated an individuals' credit card usage...wait...why do we use credit cards today anyway? ....check out this video.
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