News for hackers. Stuff that matters.
Re:Anatomy of a credit card rewards program by owlbite on Friday April 05, 2024 @10:52AM (#39943107)
I'm told cash is actually more troublesome for merchants than electronic means, especially as more transactions become cashless. They have to pay for keeping change, physical security, transport of takings, bank cash processing fees, etc. Given the EU/UK caps electronic interchange fees to something reasonable, it may even be card buyers are cross-subsidizing cash buyers in some businesses.

There are no comments on this comment yet.