For merchants of all types, accepting credit card and debit card payments is almost a requirement of doing business in today's increasingly “cashless” economy. However, as the numbers of these transactions have increased, the costs that merchants must absorb on those payments have become a serious issue.
Costs of Cashless Transactions Raise Conflicts Between Franchises, Card Issuers, Banks
For merchants of all types, accepting credit card and debit card payments is almost a requirement of doing business in today's increasingly "cashless" economy. However, as the numbers of these transactions have increased, the costs that merchants must absorb on those payments have become a serious issue.
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