Cash Preferred Over Cards This Small Business Saturday

This Small Business Saturday, the Texas Restaurant Association urges customers to use cash, as credit card processing fees are straining their already thin profit margins. With fees averaging 2.35% of every sale, businesses are struggling to cover rising costs. Meanwhile, payments companies argue that credit cards save money and cash is more costly, but merchants call for increased competition and regulatory safeguards to ensure fair pricing.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.