[image-1]Marc’s, the discount grocery store you know and love, is taking a small, overdue step to get with the times.
You may know and love Marc’s, but that probably also means their policy of accepting only cash, check or Discover has driven you bonkers at one time or another.
Change may finally be on the way. The chain announced it is now accepting Visa and Mastercard at the Strongsville location, according to WOIO.
The decision to allow the cards is just a test run (yes, in 2016), and if all goes well the cards will be accepted at Marc’s stores across the region in the future.
The chain was founded in Parma in 1979, which is approximately when Marc Glassman last shaved his mustache.
This article appears in Nov 2-8, 2016.
That’s just going to give a boost in sales at that store and a decline in all the other stores.
I disagree with the poster above; these stores are too far apart for anyone to drive to one just to use a credit card. Marc’s refuses them (I assume) because they impose a 2.5% fee on the total, so if you buy $100 worth of goods, Marc’s would lose $2.50 to the credit card company (and the debit card bank as well, I presume.)
The fees are much too high; the issuing bank is taking no risk and its handling costs are nowhere near 2.5%, but that’s not within Marc’s ability to control.
I wish the store would offer me the opportunity to use the cards if I am willing to pay that fee myself, as an add-on. It’s possible there is some law or regulation that prevents this, but if not, I hope they will consider it.
It’s not a barrier to my use of the store, but it is a hidden cost, as when I write them a check, I do not have an accurate bank balance for however long it takes them to negotiate it.
Otherwise, love Marc’s, and wish them nothing but more success.
It’s being cheap and greedy to not suck up the 2.5% loss. Ever wonder how much business they lost over the years by not accepting credit cards? I’m sure it’s well over the 2.5%.