Originally Posted by
drwilliams
I agree, if merchants offer debit (for example) as a discount over a credit card, then more consumers may take the discount over the ability to defer payment / get points / have extended warranty / etc.
I agree.
A grocery store that I go frequently only accepts pin-based Debit cards, but I still go there a lot.
This is partially because they are consistently cheaper than its competitors, so I can see the savings passed to me.
However I don't see the other businesses who have been accepting credit cards lowering their prices after they can charge a surcharge for card use.
Why will they even consider passing the savings to the consumers if their customers have been shopping at their businesses and are fine with their prices?