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Re:How credit cards make money by ClumsyPilot on Friday November 05, 2021 @08:41PM (#29126332)
"non-major in-person purchases as it's inherently private and anonymous"

Most of the time that's an anti-feature - there is no point of hiding transactions of you buying bread, it could provide you an alibi in case you are accused of a crime, but there is no conceivable way it could be used against you.. (people don't stop to buy bread on the way to the crime scene)

Re:How credit cards make money by clairity on Friday November 05, 2021 @09:44PM (#29126777)
how many common crimes are you committing for that to be your primary concern? sometimes you just don't want to share every single bit of purchase data with hoarders like visa, chase, kroger, and google.
Re:How credit cards make money by nobody9999 on Saturday November 06, 2021 @02:21AM (#29127961)
> how many common crimes are you committing for that to be your primary concern? sometimes you just don't want to share every single bit of purchase data with hoarders like visa, chase, kroger, and google.

I think that GP is concerned with being able to show that they didn't commit a crime, rather than that they frequently commit them.

That said, I generally prefer cash for in-person transactions, not just for the anonymity, but because most smaller retailers pay much higher fees to the credit card processors than big ones.

An excellent example is NYC taxis. The CC processing goes through a couple different levels of "service" providers and the drivers get dinged for 5% on every transaction. Whereas a large retailer is likely only charged 0.5-0.75%.

Which can make a big difference for people like cab drivers. As such, I always pay cash for taxi fares.

Re:How credit cards make money by ilammy on Friday November 05, 2021 @11:23PM (#29127228)
You should consider wearing a gopro in public and stream at all times when you go out, that would surely provide you with an alibi /s
Re:How credit cards make money by ClumsyPilot on Saturday November 06, 2021 @05:45PM (#29134081)
You joke, but we do that in high-risk environment, like driving in Russia (dashcams) or protesting.

Paying by card has saved my butt several times, when I was able to prove to a retailer when and where I bought a product for warranty purposes, or get out of a contract that had 2 weeks 'cooloff' period to terminate but the agency kept playing dumb and 'loosing' all my letters and emails.