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I'm well aware that credit card payments are not free for the merchant, and I ask if there's a cash discount whenever possible (gas stations and family owned bu
by aianus 13y ago
I'm well aware that credit card payments are not free for the merchant, and I ask if there's a cash discount whenever possible (gas stations and family owned businesses).
That said, the alternative of using cash has its own costs in the form of more robberies and accounting and transportation and security. Those costs are also passed onto the consumer eventually.
- ekianjo 13y agoYeah, and that's where Bitcoin can improve over both credit card and cash, by providing a reliable service with way lower costs for the merchant.
- aianus 13y agoBut nobody (other than die-hard fans) will use it unless there's a personal benefit. You have to offer at least enough of a discount over the credit card price to cover the lost credit card rewards.