4 ms·
These aspects also have some advantage - being handled on site means having employees that spend that money locally. All the credit card fees are effectively re
by thatcat 10y ago
These aspects also have some advantage - being handled on site means having employees that spend that money locally. All the credit card fees are effectively removed from the local economy.
- Godel_unicode 10y agoSo you think that companies who only take cash will pay higher wages thus keeping that money locally? I would assume that lower cost would lead to lower prices rather than higher wages.
- thatcat 10y agoNo, I think they would pay a net higher local labor cost and lower remote processing fees.
- deleted 10y ago[deleted]
- gohrt 10y agoOr it just means wasted work on deadweight loss activities, instead of doing something useful to increase the value of the shopping experience.