Originally Posted by
pinniped
I'm surprised that any airline, anywhere, would want to be handling cash in 2011. Giving 3 or 4 percent vig to the bank is a bargain compared to having FAs deal with cash.
I know this is an extreme example, but for West African airlines the most attractive credit card processing rates available are between 16-35%. Card penetration is <1% of the population. And chargebacks occur on >90% of transactions. Cash is the only logical option for transactions of up to $10k or so.