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Cash can be spent immediately, CC receipts not so much. In the case of CC you'll get a payment 30 days later, so in VISA vs. cash, you're not getting the inter
by fleitz 14y ago
Cash can be spent immediately, CC receipts not so much.
In the case of CC you'll get a payment 30 days later, so in VISA vs. cash, you're not getting the interest on the money, if you need to use the money you'll have to pay your bank interest, and you'll pay a processing fee on top of it.
About the only advantage CC has is that it's difficult for employees to steal from the register, so instead they steal the magstrips.