Tradesmen Explain the Difference Between Cash and Card Payment

A tradesman shared the significant difference between paying in cash and using a credit card in light of the recently increasing costs. It was emphasized that the high commission burden that businesses face in digital payment methods directly affects sales prices and profit margins.

The cost structure, which varies depending on the type of payments, increases operating expenses and is also cited as the main reason for the price increases reflected on consumers. Transaction fees and POS costs in the banking sector continue to be among the biggest financial difficulties of tradesmen.