In Urban China, Cash Is Rapidly Becoming Obsolete

Re:In Urban China, Cash Is Rapidly Becoming Obsolete by urethrafranklin on Monday July 17, 2017 @08:07AM (#14787713)

Even if that were true (I could write a book about how wrong this is), this isn't something retailers can compete on. If I get 2 extra cents, why would I give it back to the consumer, if my competitor could just do the same (and now both my competitor and I have lost those 2 cents)?

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Re:In Urban China, Cash Is Rapidly Becoming Obsolete by kuschku on Monday July 17, 2017 @04:02PM (#14791862)

You should take a look at ALDI and LIDL’s retail strategy.

They’ve been in an eternal race for lower prices since they started competing.

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Re:In Urban China, Cash Is Rapidly Becoming Obsolete by urethrafranklin on Monday July 17, 2017 @05:00PM (#14792220)

Yes, I read that article too. I already told you why it doesn't apply.

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Re:In Urban China, Cash Is Rapidly Becoming Obsolete by kuschku on Monday July 17, 2017 @05:18PM (#14792335)

Which article?

Also, it literally applies here – since the fees for credit cards were reduced, ALDI and LIDL introduced payment with credit card (which wasn’t possible before at all at them). Same with REWE and coop.

How can you say it doesn’t apply if it literally happened.

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Re:In Urban China, Cash Is Rapidly Becoming Obsolete by urethrafranklin on Monday July 24, 2017 @05:24PM (#14842847)

That's not at all what you were talking about earlier. If you can't understand the difference, it's not worth explaining anything to you.

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