Impact of Credit and Debit Card Sales on Budgeting,”Implications:– Credit card companies and their issuing banks charge merchants a transaction fee for each purchase made using plastic– Merchant receives entire amount of purchase less transaction feeBenefits:– Lost sales if didn’t allow customers to use credit or debit cards– Decreases the cost associated with bounced checks, misappropriation of cash, and the activities associated with preparing and transporting cash deposits– Receive cash quickly

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