this post was submitted on 05 Mar 2024
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[–] [email protected] 116 points 8 months ago (16 children)

How about fucking "convenience fees" when I do shit like pay my fucking rent?

Always real "convenient" that there's a charge for paying your bills.

[–] [email protected] 94 points 8 months ago (12 children)

We used to pay our rent in 15-20 installments, one every day or two. The office of the apartment building we lived in was on the way to our apartment, so it wasn't any inconvenience for us to just drop a check in their drop box when we passed by, but I like to think it was mildly irritating for them to have to deal with the book-keeping. They asked us not to on multiple occasions but their only online option had a small "convenience charge" attached, so... No, thank you. I'd be happy to use it if they paid me a "convenience fee" for not making them process 20 checks every month.

[–] [email protected] 44 points 8 months ago (6 children)

The real issue is that the apartment building is charged a fee by their payment processor to use electronic payments, and they didn't want to pay it. It is a convenience fee for the bank customer (the building) because they have to do less work cashing checks.

It's stupid to try to pass that to people living in the building. Most personal bank accounts allow you to pay automatically with a check that's mailed for free. Paying by check is not inconvenient for individuals, it's only inconvenient for the person cashing all the checks.

[–] [email protected] 21 points 8 months ago (1 children)

The issue is further up the chain but it's an issue nonetheless. Banks want to go back to physical transactions about as much as people do, so in reality they should be charging for the physical to get people to move to digital.

It's safer, faster, and encourages more spending, just like a credit card does.

[–] [email protected] 4 points 8 months ago (1 children)

But the fees for check processing were already baked into the system before credit cards even existed, so they're not allowed to charge extra for a check, no matter how much they want to be rid of them.

[–] [email protected] 4 points 8 months ago

These systems can change as they have done everywhere except in the US. In most of Europe digital transfers are free and checks virtually nonexistent.

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