Friday, June 20, 2008

Gas stations starting to go cash-only

Can't say I blame them, even if it is an inconvenience to carry around a lot of cash to fill the tank. The truth is that gas stations don't make very much money at all, and with bank fees rising higher and higher (without any additional benefits, just the same "convenience" that bank card companies tout) I can certainly see their point.

I'm under the impression that debit cards are cheaper for the merchant, but I don't see any information on them in this article on the gas stations. Maybe even a lowered fee structure for debit cards is too much.

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