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Cake day: August 16th, 2023

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  • Nollij@sopuli.xyztoLinux@lemmy.mlThe Mozilla layoffs ... will get worse
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    12 days ago

    I think you’re massively downplaying how much of a hit this will be.

    Let’s say you make $100k/year. Think about the lifestyle it allows. You’ve just been informed that it’s now going part time, and you’ll only be making $15k/year. How far does that get you?

    Now, you’re expecting someone else to pay for that advertising spot, so it won’t be that bad. But who is even eligible? Microsoft’s Bing is the obvious answer, and probably DDG. The rest of the default search engines aren’t even general web searches.

    Do you really think that either of them are going to pay any significant amount to be the default? Especially when most people are going to change it back to Google anyway, since these are automatically people willing to change to a different browser?

    Sure, they might be willing to pay something. But it won’t be anything close to what they had before.









  • Quick googling shows that Square charges 2.6% + 10 cents for in-person physical transactions (swipe/etc). I’ll assume that whatever vendor they use is similar.

    That means they paid $65.10 to accept the CC, of which $25 went back to you. Any other method would only be able to discount a max of an additional $40.10.

    Now, that might seem like a no-brainer. Saving money is always good. But think about the alternatives and what it means. Cash means they now have to physically carry it to a bank to deposit, fill out the paperwork, and wait for it to be processed. If they do a night deposit thing, they still have to set it all up. Checks have historically been bad, creating all sorts of headaches. Still probably requires physically transporting, and quickly before the money disappears. Besides, who uses checks anymore? Square (etc) process and guarantee the transaction immediately, directly into the business account.

    Then there’s consumer habits. Back in the early days of credit cards, Visa and the rest put out some promotional materials. These were reasons that merchants should accept cards, even with the fees (which were not allowed to be passed on to the customer). Most notably, people are a lot less concerned with price when it was going on a CC. The contractor may be a unique case, but it does ease the pressure when it comes time for the bill.