@longtimelurker wrote:
@Open123 wrote:
@longtimelurker wrote:
@Anonymous wrote:
@longtimelurker wrote:
@Anonymous wrote:
So the other day I purchased a new cell phone and renewed my two year contract. Bought it online so I had to charge it. Total due with free shipping $0.01. I charged one cent to my Amex card. I actually could have used a gift card but thought it would be fun to charge it.
Should I worry about AA...😄I don't think the CCCs care, it's all electronic transactions to them, so yes, they would rather get their part of a swipe fee on $100K rather than 1c, but ok. The major losers are small merchants who have to pay a constant amount + a percent of the charge, so small transactions really hurt. If you bought this from a big telco though, they don't care either!
From amazon... no need to sell your stock. I'm sure they get a nice kickback from the cell phone company.
I work for big telco, so I will put you on our list of people who deprived us of some profit. Expect slow downloads till you repent!
ETA: unless it was another carrier, in which case "Good job!"
Ah, Net Neutrality!
Yes, OP will get equally slow downloads from all websites!
oh no! how is OP going to to have hard time streaming adult movies! 
@Anonymous wrote:
@longtimelurker wrote:
@Open123 wrote:
@longtimelurker wrote:
@Anonymous wrote:
@longtimelurker wrote:
@Anonymous wrote:
So the other day I purchased a new cell phone and renewed my two year contract. Bought it online so I had to charge it. Total due with free shipping $0.01. I charged one cent to my Amex card. I actually could have used a gift card but thought it would be fun to charge it.
Should I worry about AA...😄I don't think the CCCs care, it's all electronic transactions to them, so yes, they would rather get their part of a swipe fee on $100K rather than 1c, but ok. The major losers are small merchants who have to pay a constant amount + a percent of the charge, so small transactions really hurt. If you bought this from a big telco though, they don't care either!
From amazon... no need to sell your stock. I'm sure they get a nice kickback from the cell phone company.
I work for big telco, so I will put you on our list of people who deprived us of some profit. Expect slow downloads till you repent!
ETA: unless it was another carrier, in which case "Good job!"
Ah, Net Neutrality!
Yes, OP will get equally slow downloads from all websites!
oh no! how is OP going to to have hard time streaming adult movies!
What does the merchant pay for a swipe fee on a 1 cent sale? 
@MstrPTato wrote:What does the merchant pay for a swipe fee on a 1 cent sale?
Obviously varies per agreement, but we've seen stuff like 15 cents + X%, so a loss on the 1c transaction regardless of the exact percent!