Quote:
Originally Posted by donfey
Then YOU go cashless. And, if the retailer opts to add the 3% premium he has to pay the credit/ATM card company, will you agree? Or will you whine about it?
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That's a logical fallacy. If the country truly goes "cashless" then retailers will simply raise their prices by whatever the credit card companies charge for transactions, plus an additional percentage to maintain the profit margin. EVERYONE ends up paying extra, because no one is paying cash - in a cashless society.