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In your fable, it probably doesn’t make sense to charge for using either cash or credit.

But we already know many businesses, especially ones with lower profits margins than craft beer are choosing to pass card fees along to their customers.

So we already live in a world where business owners are taking the cost of processing payments into consideration and passing the costs along to customers either directly or hidden in the price.

Cash handling isn’t free, and most of the costs are fixed, which means the cost of processing each cash transaction rises as cash becomes less popular.

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As I said previously I am not a fan of charging for either cash or credit card, I believe both should be free.

But a lot of businesses owners disagree, and charge for card, as the cost of card declines and the cost of cash rises, what will happen?

<blockquote data-quote="Value Collector" data-source="post: 1215807" data-attributes="member: 57577">In your fable, it probably doesn’t make sense to charge for using either cash or credit.But we already know many businesses, especially ones with lower profits margins than craft beer are choosing to pass card fees along to their customers.So we already live in a world where business owners are taking the cost of processing payments into consideration and passing the costs along to customers either directly or hidden in the price.Cash handling isn’t free, and most of the costs are fixed, which means the cost of processing each cash transaction rises as cash becomes less popular.————————As I said previously I am not a fan of charging for either cash or credit card, I believe both should be free.But a lot of businesses owners disagree, and charge for card, as the cost of card declines and the cost of cash rises, what will happen?</blockquote>

[QUOTE="Value Collector, post: 1215807, member: 57577"] In your fable, it probably doesn’t make sense to charge for using either cash or credit. But we already know many businesses, especially ones with lower profits margins than craft beer are choosing to pass card fees along to their customers. So we already live in a world where business owners are taking the cost of processing payments into consideration and passing the costs along to customers either directly or hidden in the price. Cash handling isn’t free, and most of the costs are fixed, which means the cost of processing each cash transaction rises as cash becomes less popular. ———————— As I said previously I am not a fan of charging for either cash or credit card, I believe both should be free. But a lot of businesses owners disagree, and charge for card, as the cost of card declines and the cost of cash rises, what will happen? [/QUOTE]

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