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You're not considering cash losses. In other words these businesses know that paying visa and getting paid late is worth it because they are losing well more t

You're not considering cash losses. In other words these businesses know that paying visa and getting paid late is worth it because they are losing well more than 5% to losses (bad accounting & theft)

jjk166 1y ago
I call bullshit on that. Show me the evidence.
- tonymet 1y ago
  it's self evident context boy
  - jjk166 1y ago
    If it's self evident it should be very easy to provide evidence of its truth, so do so.
    - tonymet 1y ago
      go outside dude
carefulfungi 1y ago
Tell me you've never worked as a cashier ... NRF reports that total retail shrinkage in 2021 was 1.44% - from all sources. > The survey found that the average shrink rate in 2021 was 1.44%, a slight decrease from the last two years but comparable to the five-year average of 1.5% Apparently the most recent survey was 1.66%.. https://invue.com/resource-center/blog/6-retail-shrinkage-statistics https://invue.com/resource-center/blog/6-retail-shrinkage-st...