Explain. (When McDonald’s gave customers the option of paying with a credit card, the average cost of the order increased)?
When you use a credit or debit card to make a purchase the retailer has to pay a fee to the credit card company that comes out of their profit so this increases the price. It is due to this that a lot of small business choose not to offer credit card payments. ChaCHa
Answered -
About Credit Card
Credit cards are convenient forms of payment, and can also allow people to spend beyond their means if they don't pay off the balance monthly.
Related Questions
-
Who has better food McDonalds or Checkers?Explain?
That depends on your taste. Both countries have very diverse ...
-
Can you explain the giant Mcafe hunt that Mcdonalds is having?
The Mc Cafe is an artificially flavored coffee drink from the...
Comments