Originally Posted by
josephstern
So I'm surprised that I don't see cash discounts in my part of town, or, for that matter, discounts at any other merchants. If I'm about to pay for a new piece of furniture with Amex, shouldn't the vendor offer me 3% off to pay by cash? It's in their best interest - costs less, lower chance of fraud, no chance of chargeback, etc.
But here's the rub: armored car services, risk of embezzlement, risk of theft, etc. aren't free either. There's a cost to accepting cash.