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Bank of Canada studied it and found that credit costs were over double the cash costs. Debit is the lowest-cost option for merchants. https://www.bankofcanada
by Pxtl 3y ago
Bank of Canada studied it and found that credit costs were over double the cash costs. Debit is the lowest-cost option for merchants.
https://www.bankofcanada.ca/wp-content/uploads/2017/11/boc-review-autumn2017-fung.pdf https://www.bankofcanada.ca/wp-content/uploads/2017/11/boc-r...