https://www.bloomberg.com/news/articles/2023-07-29/bodegas-put-on-notice-as-visa-fights-back-on-card-surcharges https://www.youtube.com/watch?v=GCrxL-lc9d8 https://www.youtube.com/watch?v=2QsYzdqkNzE https://www.youtube.com/watch?v=XP8EFgq_ETU 🔵 Cheesy mugs & t-shirts: null 👉 Rossmann chat: https://matrix.to/#/#rossmannrepair:matrix.org 👉 Equipment used: 🔵 Chair: https://amzn.to/3MjLrnT 🔵 Microphone: https://amzn.to/3g1hsok 🔵 Mic stand: https://amzn.to/3Vg47ZI 🔵 Audio interface: https://amzn.to/3VuKihx 🔵 Camera: https://amzn.to/3CTk1Av 🔵 Lighting: https://amzn.to/3RSriGC 👉 Stream FAQ: https://store.rossmanngroup.com/faq.txt 👉 Affiliate: › Buying on eBay? Support us while you shop! https://www.rossmanngroup.com/ebay › Rossmann Repair Group Inc is a participant in the Amazon Services LLC Associates Program, an affiliate advertising program designed to provide a means for sites to earn advertising fees by advertising and linking to amazon.com 👉 Leave a tip for us via cryptocurrency if we've helped you out: › Credit card: http://bit.ly/postamessage › Bitcoin: 1EaEv8DBeFfg6fE6BimEmvEFbYLkhpcvhj › Bitcoin Cash: qzwtptwa8h0wjjawr5fsm0ku8kf40amgqgm6lx4jxh › Dash: XwQpZuvMvU44JT7C7Uh6xHvkSadzJw9fMN › Dogecoin: DKetsoCvwa2hF29ssgUA4Wz4hxT4kj3KLU › Ethereum: 0x6f6870feb48f08388ee345cf0261e2f03d2fa310 › Ethereum classic: 0x671bfd61ba87edf6365c97cea33d66ba73645510 › Litecoin: LWnbTTAjojZQt68ihFJFgQq3cYHUsTcyd7 › Verge: DFumZ5sMhi3JktLQpsTVtV9xUt3zKDrcZV › Zcash: t1Ko3FkphQYoQroQc8k2DVk4WKMAbmNR8PH › Zcoin: a8QdvArHmdRYe1MjiqtP6jDNe6Z4JgnRKZ Timestamps: 00:00 - The fly 00:30 - Intro 00:42 - CC companies keeping the transaction fee when refunding the customer 01:18 - CC companies charging chargeback fees 03:13 - Businesses are starting to pass on the credit card companies' greed to customers who choose to use a credit card 04:08 - I am not saying bodegas are angels; let's be clear. 04:45 - This principle applies to all small businesses, not just bodegas 05:11 - What the basic groundrules were back in the day 05:47 - Die, fly, die 05:50 - How minimums hurt merchants 06:55 - Who is really getting rich off of this? 10:00 - Banks are making way more money off these fees while still increasing fees to small businesses 10:57 - The real problem here is the CC companies trying to obscure why prices are going up 12:00 - CONCLUSION & TL;DR 12:25 - What every business should do 12:55 - CC providers put businesses at risk, and don't allow them to bill for this 13:48 - Just because bodegas are easy targets doesn't mean we should ignore the issue 14:40 - They will do this to businesses you like too