3 ms·
How so?
by jonursenbach 15y ago
How so?
- jarcoal 15y agoLow fees & convenience, I suppose.
- bgilroy26 15y agoThe idea is that the reason that gas stations and convenience stores keep adding cash discounts is because they are getting fed up with how much money they are losing based on the widespread use of plastic instead of cash. Dwolla charges a flat fee of 25c per transaction as opposed to credit which is like 2 or 3 percent. If you are at someplace expensive like REI or something and you buy $300 bucks worth of stuff with a credit card, REI gets a $9 bite taken out of it, which adds up when it's compounded thousands and thousands of times.