← Back to context

Comment by aprilthird2021

16 days ago

You're not the avg person though. Most people are being squeezed by inflation and watching prices on everything and trying to claw an extra 2-3% back wherever they can.

If interchange fees were capped, people would go back to cash, imo. A lot of research shows you spend less when you pay with cash. And the lack of credit card rewards as a draw might lead people to carry it again

> If interchange fees were capped, people would go back to cash, imo

And this is based off evidence from countries where interchange fees are capped?