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Visa Begins Bribing Merchants To Stop Taking Cash

13-7-2017 < Blacklisted News 47 59 words
 

The war on cash is escalating. A big driver isn’t central banks who want to be able to inflict negative interest rates on savers, or Treasuries who see cash transactions as hiding revenues from their tax collectors, but the payment networks that want to kill cash (and checks!) as competitors to their oh so terrific (and fee-gouging) credit and debit cards.

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