Using a credit card in Lidl or Aldi

Razormac37

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

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

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.

Board@Work

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

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!!!!

John R

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

monkeysnapper

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

L1011

Serious thread necro there. Lidl also accept them now.

masterboy123

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

Hootanany

Lidless accepts them.

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

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.

dudara

Thread closed

dudara