Re:Coronavirus is not a good argument for quitting cash
by ken on Friday March 20, 2020 @11:45PM
(#22644224)
Many stores have lower prices for cash customers, sometimes significantly, so I could just as easily say that credit card customers subsidize my lower prices. Free "miles" are nice (if you fly), but cash is always more valuable than scrip.
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Re:Coronavirus is not a good argument for quitting cash
by robjan on Saturday March 21, 2020 @05:34AM
(#22645490)
Offering lower prices to cash customers usually violates the agreement between the merchant and the card network.
Re:Coronavirus is not a good argument for quitting cash
by sokoloff on Saturday March 21, 2020 @06:23AM
(#22645628)
That was never the case AFAIK. “Discount for cash” was prevalent before the rule change in January 2013 which allowed surcharges on credit card transactions.
https://www.mastercard.us/en-us/merchants/get-support/mercha...