My family also owns a small business. My dad used to make trips to the bank everyday for cash. Now it is 1-2x/week.
I have noticed an uptick in small business giving 3-4% discounts for cash because of the card fees charged to the business. The money that the major credit card companies make is insane. It literally borders on loan sharing rates.
My family also owns a small business. My dad used to make trips to the bank everyday for cash. Now it is 1-2x/week.
I have noticed an uptick in small business giving 3-4% discounts for cash because of the card fees charged to the business. The money that the major credit card companies make is insane. It literally borders on loan sharing rates.