Plus, plastic teabags leach a lot of microplastics, and more news to start your day
in a recent blog post. While this may not sound like a huge difference, adding a fixed charge of 10 cents means a significant price hike for small businesses with a high volume of transactions, but lower average transaction values — in other words, places like coffee shops.As an example, on a $5 transaction for your favorite cappuccino, Square would take $.14 in their old pricing model. Under the new model, they will take $.23, which is just under a 67% increase.
In fact, in order for a business to not see a rate increase, their credit card sales would have to average $66.67 per swipe., but for patrons of independent coffee shops and other small businesses, two possible scenarios are likely: expect either to see the price of your latte go up, or to watch your favorite cafe fight harder to stay afloat.A study from researchers at McGill University found that plastic tea bags release billions of microplastics when steeped in hot water.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
The Centurion 'black' card has a $2,500 annual fee and is invite-only, but you can get most of its benefits with the Amex Platinum.The Amex Centurion 'black' card is so exclusive that you can only apply if you've been invited. It offers amazing travel and lifestyle perks in exchange for a $2,500 annual fee, but you can get most of the same benefits with the Amex Platinum
Weiterlesen »
MSNBC Cuts Into Trump's Press Conference To Call Him Out On Lying About The BidensReporter Nicolle Wallace interrupted the feed of the president speaking to fact-check him and tell viewers that “the president isn’t telling the truth."
Weiterlesen »
Square has adjusted its pricing strategy for in-store processingSquare is changing its fee for US transactions that involve contactless, chip, and swiped payments from 2.75% to 2.6% and a fixed 10 cent charge.
Weiterlesen »
New York State Sues Dunkin’ Over Hacked AccountsNew York’s attorney general sued Dunkin’ Brands for not notifying nearly 20,000 customers whose accounts on the coffee chain’s website and mobile app had been compromised beginning in 2015.
Weiterlesen »
Doug Pederson Says Avonte Maddox Has Movement After Scary Hit From TeammateGreat news for Eagles player Avonte Maddox.
Weiterlesen »
This Is the Best Way to Get Rid of a Coffee StainBesides, you know, not drinking coffee.
Weiterlesen »