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>I wouldn't be surprised if the overall work involved in handling cash ended up being more costly than card fees. This is definitely the case for the underlyin
by pedrocr 9y ago
>I wouldn't be surprised if the overall work involved in handling cash ended up being more costly than card fees.
This is definitely the case for the underlying costs as you can imagine. Doing an online transaction is much cheaper these days than operating trucks, cash sorting, etc. It's however not always the case that banks will charge merchants less for cards than for cash handling unfortunately. This has maintained the weight of cash as a payment method past it's actual usefulness.