It’s rare these days to see a cash-only business in the United States. Why? Because consumers prefer the security of credit cards and enjoy earning rewards, while businesses like faster, safer transactions and higher sales. Accepting cash is also more expensive for retailers. Cash costs on average over 9% of every transaction. At a cost of 2% of every transaction, credit cards are a bargain for merchants.
More Updates
More than 170 Organizations Oppose the Walmart-Target Sponsored Credit Card Competition Act
Electronic Payments Coalition
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Press Releases / Statements
EPC Releases Q3 Data Dashboard Illustrating Inflation’s Impact on Credit and Debit Markets
Electronic Payments Coalition
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Joint Financial Sector Letter Opposing Marshall-Durbin Amendments to NDAA
Uncategorized
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Letter