JerryBob wrote:If it works for you Pigwich then great. I tend to think I am the customer, and no the customer is not always right, but I don't see how this is a great business model for me. I see how it is great for ChargePoint to prebill you for services not yet rendered.
To recapitulate, carrying a balance allows them to make fewer credit card charges, incurring fewer fees. This helps you because, believe it or not, it's always the customer who pays those fees. If they instead took a credit card fee every transaction, they would have to increase their rates to make up the extra money. In other words, the benefit to you is lower rates.
If that does not work for you, there are other networks out there.
JerryBob wrote:Do I need an app connected to my credit card to buy gas for my ICE car? Replace the tires? Get it serviced? Buy groceries? Pay bills? Anything but some public EV charging? No, those businesses realize that different people have different ways they are comfortable paying for things and make allowance for it.
Those transactions are also a much higher cost each. This makes the fees a smaller percentage of revenue. They simply hide it better. FYI, more and more gas stations have been charging a higher price for CC than Cash.