Re:Coinbase Wants to Be Too Big to Fail
by tfehring on Friday September 28, 2018 @09:20AM
(#18093061)
Businesses that accept credit cards are already prevented from offering cash discounts by credit card companies’ merchant agreements. No lobbying needed.
Also, savvy buyers can already make back most or all of the processing fees that are baked into prices without giving up the convenience or protection of credit cards. Lots of credit cards give cash back or other rewards that are worth ~2% of the purchase price.
Re:Coinbase Wants to Be Too Big to Fail
by ABCLAW on Friday September 28, 2018 @12:56PM
(#18094901)
>Businesses that accept credit cards are already prevented from offering cash discounts by credit card companies’ merchant agreements. No lobbying needed.
Also, savvy buyers can already make back most or all of the processing fees that are baked into prices without giving up the convenience or protection of credit cards. Lots of credit cards give cash back or other rewards that are worth ~2% of the purchase price.