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Re:Financial innovations brought by technology by clusterfish on Saturday October 30, 2021 @05:54PM (#29052595)
It's basically a bribe for customers to use credit cards, forcing businesses to pay huge transaction fees. So the businesses have to raise their prices to cover those fees, which acts like a tax on both the business and consumers, especially those using alternative payment methods. And even the people using cashback credit cards don't win anything, they get their 1% back from 3% higher prices.

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