I do blame Walmart for wanting that extra 2% profit because they want to have their cake and eat it too. Remember the time when gas stations charged more for c

I do blame Walmart for wanting that extra 2% profit because they want to have their cake and eat it too. Remember the time when gas stations charged more for credit card transaction? Well no more. Rather than fight the uphill battle, gas stations slowly raised their prices cover credit card transaction fees. Same thing happened with most retailers. Many used to have $20 minimum for CC transaction years ago. That slowly went down to $0 for most places. Now you have people pay for soda with their debit cards. People forget that retailers benefit tremendously from credit cards because studies have shown that people spend substantially more when they charge things on card, versus when they pay cash. Well, now that Walmart business is hurting, they want to squeeze credit card companies. Even if they were able to cut CC companies out, the extra profit would eventually go away through competition.