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Using a credit card in Lidl or Aldi

  • 28-08-2005 4:12pm
    #1
    Razormac37
    Closed Accounts Posts: 32 ✭


    Can anyone explain why Aldi and Lidl accept Laser cards, but not credit cards?


Comments

  • #2
    dahamsta
    Banned (with Prison Access) Posts: 16,659 ✭✭✭✭dahamsta


    Presumably because Laser is the equivalent of cash, whereas credit card charges can be charged back. I'd guess the transaction charges on credit cards are a bit higher too, but I could be wrong about that.

    adam


  • #3
    vinnyfitz
    Closed Accounts Posts: 805 ✭✭✭vinnyfitz


    Adam is correct.

    All traders loose up to 1.75% of the transaction value every time they accept a credit cards for purchases. (Big retailers etc. can bargain with the credit card companies a bit - but they still end up paying more than 1%. Small companies have no choice but to accept 1.75% or refuse to ttake credit cards.)

    For laser the retailer pays no commission AFAIK.


  • #4
    Board@Work
    Registered Users, Registered Users 2 Posts: 375 ✭✭Board@Work


    Laser the retailer pays 40 cent no matter the size of the transaction.


  • #5
    mcaul
    Closed Accounts Posts: 1,493 ✭✭✭mcaul


    Small retailers pay approx. 40c for laser & up to 2% for C Cards.

    Large retailers pay 10c for laser and 1% - 1.5% for credit cards. Lodging cash costs large retailers approx 15c per €100.

    Therefore if you spend €50 in lidl their charges would be 10c laser, 7.5c cash & 50c - 75c for C card, multiply this by the millions of transactions (approx 30% transactions are by CC) you suddenly have a saving of millions of euro!!!!


  • #6
    John R
    Registered Users, Registered Users 2 Posts: 4,107 ✭✭✭John R


    They could always do a Ryanair and apply a fee for all credit card transactions. (€2.50 in Ryanair's case)


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  • #7
    monkeysnapper
    Registered Users, Registered Users 2 Posts: 2,578 ✭✭✭monkeysnapper


    Well as of 18th nov aldi will be taking credit cards :)


  • #8
    L1011
    Registered Users, Registered Users 2 Posts: 71,184 ✭✭✭✭L1011


    Serious thread necro there. Lidl also accept them now.


  • #9
    masterboy123
    Registered Users, Registered Users 2 Posts: 5,915 ✭✭✭masterboy123


    Tried using credit card yesterday in Aldi ( in Dublin) but refused accept my card.


  • #10
    Hootanany
    Registered Users, Registered Users 2 Posts: 5,477 ✭✭✭Hootanany


    Lidless accepts them.


  • #11
    GerardKeating
    Registered Users, Registered Users 2 Posts: 7,806 ✭✭✭GerardKeating


    masterboy123 wrote: »
    Tried using credit card yesterday in Aldi ( in Dublin) but refused accept my card.

    According to the earlier post, they do not started accepting them till the 18th


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  • #12
    tatli_lokma
    Registered Users, Registered Users 2 Posts: 3,332 ✭✭✭tatli_lokma


    They will all have to start accepting 'credit' cards since most banks are doing a away with laser and instead replacing with visa/Mastercard debit. So in order to accept debit cards they will HAVE to accept credit cards as they can only accept all visa products or none.


  • #13
    dudara
    Registered Users, Registered Users 2 Posts: 33,518 ✭✭✭✭dudara


    Thread closed

    dudara


This discussion has been closed.
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