How would consumers who traditionally pay using cash potentially benefit from an interchange fee cap?

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2026-03-19 05:15

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Consumers who traditionally pay using cash could benefit from an interchange fee cap as it may lead to lower transaction costs for merchants, who might pass those savings on to customers through reduced prices. Additionally, with lower fees for card transactions, businesses may be more inclined to accept electronic payment methods, increasing the options available to consumers. This could also promote financial inclusion by encouraging more people to use electronic payment systems, providing them with greater convenience and security compared to cash.

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