Does "cash" also mean "debit"?

Probably so, I purchased a walk behind lawn mower earlier this week. The dealer gave me a cheaper price for paying with a check because of the exhange fees he gets charged on credit cards.

I think if its under a certain amount of money it should be allowed since if customers use their credit card to get only a gallon of gas (which I have seen before) it actually costs the gas station money. If the gas is under 10 bucks, I say it should be allowed but if its anything over then it shouldn't apply.

I have seen those pumps while traveling. If I have an option, I refuse to buy gas there.

 

No, I don't think it is the future. Competition will weed it out. You may see them more next to highways where there is a captive audience and a higher risk of fraud but they will not be the norm in the community.

I have seen those pumps while traveling. If I have an option, I refuse to buy gas there.

 

No, I don't think it is the future. Competition will weed it out. You may see them more next to highways where there is a captive audience and a higher risk of fraud but they will not be the norm in the community.

 

You nailed about every point I was thinking VoR.

 

In short, I will avoid such places.

 

What gets me is we all used to walk inside to pay cash for our gas, then because of convenience for the business and/or theft just about every gas station really pushed us hard towards swiping a card at the pump and paying and now that they have us trained they are upping the price on those credit transactions. LOL

Its not different though for some outlet stores. Often enough if a purchase is under a certain amount, the store refuses the taking of the credit card because often enough it will cost them money to go through with that type of purchase. What makes this any different from that? While I don't like it myself, I do understand what they are doing to some degree. However, I don't like of charging more for credit card users that plan on getting a full tank of gas. Yet again, I think if its under a certain price you should be able to charge them a little bit more but if its over a certain amount then you shouldn't be able to charge them extra.

You nailed about every point I was thinking VoR.

 

In short, I will avoid such places.

 

What gets me is we all used to walk inside to pay cash for our gas, then because of convenience for the business and/or theft just about every gas station really pushed us hard towards swiping a card at the pump and paying and now that they have us trained they are upping the price on those credit transactions. LOL

 

First time I ran into one of those pumps, I was on a trip and was stuck because I had to have gas and that was the only station on the exit. And that is probably why they had that station set up that way. Man was I ticked off. But nothing I could do but pay up.

 

Business idea ... find one gas station exits doing this and build your own across the street. Then advertise "No Added Cost for Credit Cards".

There's a gas station in Maysville on US 68 that I almost always fill up at when I'm in that area because of the cheaper cash price. The cheapest gas I've purchased in the last three months was just purchased there Saturday. Since I never use a credit card at the pump, it's beneficial to me.

Does "cash" also mean "debit"?

 

 

I doubt it. I think the businesses are still charged a fee when people using debit cards.

I think it is the future and it isn't only at gas stations.

 

Cash means cash or checks only. Debit cards get dinged with the fees that merchants pay for processing those payments so they are treated as credit cards as far as this fee goes. Those charges are typically 2-3% of all debit or credit transactions depending on volume and average ticket size. Those fees for a gas station could be very very high, so 5 cents per gallon is a small amount to charge and will only recoup a portion of those fees.

 

Most businesses eat the charge because it eliminates the extra labor involved in processing cash and checks, as well as eliminates the risk of accepting bad checks and the added costs of collecting on them. In addition, for gas stations in particular, accepting cards reduces the losses involved with drive offs, as theguru pointed out.

I do agree 2C, at only five cents a gallon I thought to myself I was getting a discount! LOL

I have seen those pumps while traveling. If I have an option, I refuse to buy gas there.

 

No, I don't think it is the future. Competition will weed it out. You may see them more next to highways where there is a captive audience and a higher risk of fraud but they will not be the norm in the community.

 

Almost every gas station in Michigan up here pracitices this, and it is very frustrating. I don't think its going away it will only continue to grow.

Consumer behavior will decide the fate, so why not try and see if you can get away with it? Especially if you advertise it as a cash discount as opposed to a credit card fee.

I don't think that a "per gallon" charge is ethical. The business will have a set cost to them per credit card transaction.