[ohstopitu]

Really? I was recently looking for business accounts at the big 4, and I saw that after a minimum number free transactions, any transaction has a fee (cash or not).

[qaq]

Right but was mainly replying to "unlike credit, there's are no fees associated with it so it's slightly better for the seller too." There are fees for handling cash payments too.

[ohstopitu]

umm that's highly disingenuous.

If you accept cash -> banks have a fixed transaction fee (anywhere between $2 to $25 for any amount of money).

If you accept credit/debit/mobile -> there are atleast 2 transaction fees - one by the payment provider (generally % based) and one by your bank (fixed fee).

[astura]

You're the one being disingenuous.

Cash has four transaction fees:

1) cost of storing it and counting it

2) cost of physically moving it to the bank

3) transaction fee.

4) increased risk of doing all of the the above.

[qaq]

there is a diff. between no fees and lower fees or different fee structure etc.