Comment by DeRock
3 years ago
You need to see it from the merchants perspective. What if they offered you a 5% discount for paying with FedNow?
3 years ago
You need to see it from the merchants perspective. What if they offered you a 5% discount for paying with FedNow?
5% is still in the realm of cashback rewards, I use my Citi Custom Cash card to purchase gas and receive 5% back (it is cheaper this way even though the credit price is usually 10c higher per gallon)