New York City considering legislation to ban cashless retailers

Re:New York City considering legislation to ban cashless ret... by metalliqaz on Friday March 08, 2019 @09:59AM (#19338009)

Yeah but be careful with that comparison. Using coal harms the well-being of the billions of the humans that aren't coal miners. If anyone, credit cards only harm the people who use them.

[ Parent | on HN ]

Re:New York City considering legislation to ban cashless ret... by ohyes on Saturday March 09, 2019 @05:27AM (#19345496)

I have a cash back credit card. Companies pay a fee to do credit card transactions. Everything in the store costs the same if I use a credit card or cash. The company raises the price to cover transactions, I get that transaction fee paid back to me by my rewards card. Essentially, people who pay cash or use non rewards cards are paying for my credit card transactions.

[ Parent | on HN ]