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Does Vox actually think that credit cards fees are paid for in the form of higher net prices for cash buyers? Surely everyone knows you can get a cash discount in exchange for, ah, "helping" the seller "optimize" their taxes.https://www.vox.com/the-goods/22454885/who-pays-for-credit-card-rewards …
It's been shown empirically that merchants do not use pricing power to steer consumers to cheaper payment methods: https://papers.ssrn.com/sol3/papers.cfm?abstract_id=2533173 …
idk, this seems like a data set that's mostly very small transactions not worth haggling over. Once the nominal size gets big there's definitely a cash discounting effect!pic.twitter.com/nrho3fWiPq
Guess it's time for me to start carrying a duffel bag of cash so I can haggle at the register
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