Cash or Credit?

While stores have always been able to offer cash-paying customers a discount, the recent settlement with Visa, Mastercard and bank credit-card issuers now allows stores to add a charge (equal to the swipe fee) for credit-card payments. Since stores can now disclose the fee, they suddenly have more leverage to negotiate lower swipe fees. Bet that airlines will add the fee, as their customers all pay with plastic.

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