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#28 |
Zilvia FREAK!
![]() Join Date: Sep 2004
Location: Diamond Bar, CA
Age: 43
Posts: 1,545
Trader Rating: (0)
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my exgirlfriend's family owns gas station, their profit margin per gallon is from 1 cent to 16 cents depend on how you mark your price, so the credit card fee does hurts the profit margin. you might wonder how they get rich from 1 cent profit margin, money is earned by rebates from the fuel company when they sell to a certain quota and also traffics in the snack stores.
they didn't do this cash thing because credit card transaction is easier for them to manage i just past by a gas station marked $4.90 for 91 octane |
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