Thread

1. unified101 · 1791017006 · focus · HN ↗

   The actual answer is there's operational cost to handling cash, or payment methods beyond the ones that cover 99.9% people well. You pay more for the extra hassle the whole system has to serve that .1%

   You may not like or disagree with it. But it's the true answer.

   1. bell-cot · 1791018258 · focus · HN ↗

      I don't know Britain, but in my part of America the extra costs of taking credit cards are so high that most gasoline (petrol) stations give a ~3% discount to customers paying with old-fashioned paper cash. And I know little grocery stores with signs by their register, asking customers to please pay with cash - because margins are tight, and the bank takes an X% cut of every credit card payment and a Y% cut of every debit card payment.

      1. aaron695 · 1791020108 · focus · HN ↗

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