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Consider also that MasterCard and Visa make money on every payment you make with their cards. The only real "free" option is cash, but that requires additional
by sigwinch28 6y ago
Consider also that MasterCard and Visa make money on every payment you make with their cards. The only real "free" option is cash, but that requires additional labour on both sides.
- nottorp 6y agoExcept with credit cards you get some protection. As a consumer, you can refuse any purchase before money gets taken out of your account for it. The merchant gets to pay for that, and indirectly it means the people paying cash are subsidizing credit card users, since the prices are identical. Again, cannot win.
- sigwinch28 6y agoNot all Visa and MasterCard cards are credit cards, for example Visa Debit and MasterCard debit. Furthermore, credit cards linked via Apple Pay (e.g. a Mastercard credit card) are afforded the same legal protections in the UK as using the physical card itself in person or online.