That's a pretty limited view of the credit card value proposition. The credit part is, of course, what it is, but also important is the fact that most people ha

That's a pretty limited view of the credit card value proposition. The credit part is, of course, what it is, but also important is the fact that most people have immediate and secure to all their cash (and credit). Also, not to be discounted is that it's far from free to handle cash. The delay in settling credit card payments + apparently pretty heavy-handed practises around charge backs is probably a bigger problem than ~2% transaction fees are.