Why Credit Cards Beat Cash
Consumers are fond of various things: rewards, money savings, time savings, flexibility, financing, etc. All of these things and more are provided by the use of credit cards and debit cards instead of cash. But merchants also benefit from these forms of payment. They don’t have to wait for the money as if they where to offer financing by accepting checks and they can get the money right away by offering financing for those who would have to postpone the purchase till they raised the money to pay in cash.
