Ask Question
15 April, 11:42

How would consumers who traditionally pay using cash potentially benefit from an interchange fee cap?

+1
Answers (1)
  1. 15 April, 14:21
    0
    The only way I can think of is that the interchange fee cap would reduce the cost of doing business for the merchant, so they might reduce their prices slightly for all customers as a result. Of course many merchants will just keep the prices the same and be happy for the extra profit in which case the consumer doesn't benefit - just the merchant.
Know the Answer?
Not Sure About the Answer?
Get an answer to your question ✅ “How would consumers who traditionally pay using cash potentially benefit from an interchange fee cap? ...” in 📙 Business if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers