Jour: 19 septembre 2025

Wero is coming Did you know that each time you use a payment card there is a cost to the merchant? Did you know that it costs even more if your card is a Premium MasterCard or Visa? It also costs the business more if your card is from outside the EU or if the card is of a professional nature but there is no additional service provided to the merchant. For each transaction the shop, service provider or restaurant pays between 1.5 and 5% depending on the card used. And it’s the little guy that pays the most since there are volume discounts! Sure, everyone benefits from the ease of using a card as opposed to cash, but do you realize how much it is costing you and the business accepting the card? And that the cost of the service is higher just because the card is a different color? Visa and MC charge the merchant more for the same service if your card is of a higher grade. Plus a lot of cards charge YOU for foreign transactions. When you think about the trillions of transaction…