Visa Begins Bribing Merchants To Stop Taking Cash

Visa Begins Bribing Merchants To Stop Taking Cash:

The war on cash is escalating. A big driver isn’t central banks who want to be able to inflict negative interest rates on savers, or Treasuries who see cash transactions as hiding revenues from their tax collectors, but the payment networks that want to kill cash (and checks!) as competitors to their oh so terrific (and fee-gouging) credit and debit cards.

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