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A comment on Brazil central bank to launch Pix installment feature in September. Parent comment
Only since Wednesday of this week due to COMCO action, so no-one knows if cashback will persist, but it will be a lot less than .33%.
> And let's not forget that cash acceptance costs an order of magnitude more than this anyway;
In the EU, it's .5% for cash vs .3% for cards, but the situation falls back into favour for cash once fraud is accounted for.
That Visa fee table is dated July 2023?
Only since Wednesday of this week due to COMCO action, so no-one knows if cashback will persist, but it will be a lot less than .33%.
> And let's not forget that cash acceptance costs an order of magnitude more than this anyway;
In the EU, it's .5% for cash vs .3% for cards, but the situation falls back into favour for cash once fraud is accounted for.