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Old January 22nd 12, 08:57 AM posted to uk.railway,uk.transport.london,misc.transport.rail.americas
Roland Perry Roland Perry is offline
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First recorded activity at LondonBanter: Aug 2003
Posts: 10,125
Default E-ZPass, was CharlieCards v.v. Oyster (and Octopus?)

In message , at 09:43:26 on Sun, 22
Jan 2012, Graeme Wall remarked:
paywave credit cards. Although I always feel a bit awkward using a
credit card for such small purchases.

Why? I usually have a rule that if I can pay by card I do.


Because I know all the processing and billing costs have to be paid by
someone, and in the end it's the consumers.


Handling cash has quite a high cost as well, again, ultimately paid by
the consumers.


As a rule of thumb it's about 1% for cash and 2% for credit cards.
--
Roland Perry