Timeline for Restaurants in Lisbon only accepting "Portuguese cards"?
Current License: CC BY-SA 4.0
10 events
| when toggle format | what | by | license | comment | |
|---|---|---|---|---|---|
| Apr 30, 2023 at 12:27 | comment | added | njzk2 | @JonathanReez several countries have regulations around charging different amounts based the payment method, so I'm not sure that would work everywhere | |
| Apr 27, 2023 at 11:52 | vote | accept | vinicius | ||
| Apr 26, 2023 at 20:31 | comment | added | Tor-Einar Jarnbjo | User fees are also very different from bank to bank. With the cards from my German bank, it is usually cheaper for me as a customer to use my credit card for payments if I am outside the Euro zone. If I use my co-branded girocard and V-Pay card, my bank charges a flat fee, but gives me a better currency exchange rate. If I use my credit card, there is no flat fee, but I get a worse exchange rate. | |
| Apr 26, 2023 at 20:27 | comment | added | Tor-Einar Jarnbjo | Although not really relevant for the otherwise correct answer, there is some basic misunderstandings in the comments. Cards from the girocard network can only be used in Germany. The reason why they usually work abroad (not only in European countries) is that the cards are almost always co-branded with either Maestro or V-Pay. If the physical card is used outside Germany, the girocard function is irrelevant and the payment is done either over the Mastercard or Visa networks with the relevant fees applicable for the merchant. | |
| Apr 26, 2023 at 19:40 | comment | added | Mark Johnson | I believe that could cause extra problems. (BTW: the 7 cents per transaction cited is for all 3 card types) | |
| Apr 26, 2023 at 19:34 | comment | added | JonathanReez♦ | @MarkJohnson ah, yes, you're right, the fees are higher for non-EU cards. But I guess merchants could just add a transaction fee for Visa/Mastercard instead of not accepting them. | |
| Apr 26, 2023 at 17:35 | comment | added | Mark Johnson | Girocard: 0.25-0.30% ; debitcard: 0.89-2.75% ; creditcard: 1.0-3.0% plus around 7 cents per transaction. Kartenzahlung: Kosten für Händler in 2023 | |
| Apr 26, 2023 at 17:20 | comment | added | JonathanReez♦ | @MarkJohnson that's not the case since 2016 when card fees were capped in the EU. It's already much better now but still not 100% done. Personally I just take my business elsewhere when I see stragglers like that but cash is always another option. | |
| Apr 26, 2023 at 16:54 | comment | added | Mark Johnson | The main reason 'merchants are known to be highly conservative' about credit cards is the 1% to 4% per transaction fee, which is not required when using the girocard that everyone has as part of their bank account (since 1979 originaly in the form of Cheque guarantee card for ATM and later in shops). This is one reason why many peaple don't have a credit card, they simply don't need one since the girocard works almost everywhere in Europe. When I went regulaly to Poland for work I used my bank card for all payments with no extra charges. | |
| Apr 26, 2023 at 16:05 | history | answered | JonathanReez♦ | CC BY-SA 4.0 |