The point of the article is that cash has fees and costs per transaction and per day that are getting larger as cash is used less. We as customers just don't see them. Transport, security, transactions all cost businesses and in places where cash is not much used, and for instance country towns, those costs can be prohibitive for merchants. Those card fees are right now probably less than cash costs.
The point of the article is that cash has fees and costs per transaction and per day that are getting larger as cash is used less. We as customers just don't see them. Transport, security, transactions all cost businesses and in places where cash is not much used, and for instance country towns, those costs can be prohibitive for merchants. Those card fees are right now probably less than cash costs.