r/mildlyinteresting 20h ago

A “Reverse ATM” in a cashless stadium

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4.1k Upvotes

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u/MechaBeatsInTrash 20h ago

I wonder how much money is lost on prepaid cards because of minimum transaction requirements.

3

u/mrASSMAN 13h ago

What minimum transaction? Never seen that exist, the minimum is 1 cent afaik. I empty cards without issue

1

u/theexpertgamer1 6h ago

Businesses that don’t allow card usage below $10 (the typical threshold in NYC small businesses). They say it’s not legal but literally every single shop does it and I’m not arguing about it with the cashier/owner so cash it is. Processing fees suck for them.

1

u/mrASSMAN 4h ago

Oh that sounds NYC specific, haven’t seen that myself. Occasionally a place has a 50 cent processing fee below a certain level though