Smart financial advice from local experts... Dollars & Sense businesses will request cash instead of credit cards, but you can show your support of these companies by just offering cash, The next time you are at a flea or farmers market, know the vendors really appreciate it if you do. When there is a credit card When Cash Is King surcharge. Credit card surcharges are legal in 41 states including When presented with a credit card surcharge, it is usually better to use cash, even if your credit card offers you In a past Dollars & Sense article rewards. The points, miles, or titled Debit vs. Credit, advantages cash back will be worth less than and disadvantages of making the 34% surcharge imposed. By: Dan Wollin Wisconsin. President PCM Credit Union purchases with a credit card or debit card were reviewed. The Paying taxes. The IRS has extension of using thosetwoplastic authorized several companies to options by storing your cards in collect taxes with a credit card, but imposea surcharge between 1.86% your smart phone (mobile wallet) is growing in popularity too. Apple and 2.35%. Send them a check. Pay's tokenization methodology is a very secure way to do business. When carrying a balance. One of the worst times to use a When, however, are these options credit card might be when you not your best choice? Here are are unable to pay your balance five instances when it may make in full at the end of the month. sense not to use a card, despite This means that your purchases its security and convenience. will incur interest charges on the day of the transaction. Bargaining. Credit cards are great for the buyer, but they There is still a place and good have some disadvantages for the seller. Notably merchants methods of payment at your are typically charged a credit disposal. Credit cards debit card interchange fee of 2-4%. In order to have a bit more leverage, and cash all can win the day for buyers can make it dear that they best option, depending on the intend to pay in cash. This might circumstances of the transaction. give the seller an incentive to lower their price, especially since The relevance of cash, however, merchants tend to overestimate has certainly diminished with the amount they pay in card fees. the arival of digital money and reasons to have all available cards, smart phones, checks small purchases electronic payment methods. They have been talking about the Making from small businesses. The demise of cash since the 70s. How total cost of merchant fees can long will we be using it? Sounds be well into double digits on like a good topic for next month's small items as there can be artide! a flat fee and percentage of transaction fee. Sometimes these 1740 Stephenson Street Marinette, Wi | 715-732-4051 People Caring More pcm 601 Willard Drive CREDIT UNION Green Bay, WI | 920-499-2831 www.pcmcu.org Smart financial advice from local experts... Dollars & Sense businesses will request cash instead of credit cards, but you can show your support of these companies by just offering cash, The next time you are at a flea or farmers market, know the vendors really appreciate it if you do. When there is a credit card When Cash Is King surcharge. Credit card surcharges are legal in 41 states including When presented with a credit card surcharge, it is usually better to use cash, even if your credit card offers you In a past Dollars & Sense article rewards. The points, miles, or titled Debit vs. Credit, advantages cash back will be worth less than and disadvantages of making the 34% surcharge imposed. By: Dan Wollin Wisconsin. President PCM Credit Union purchases with a credit card or debit card were reviewed. The Paying taxes. The IRS has extension of using thosetwoplastic authorized several companies to options by storing your cards in collect taxes with a credit card, but imposea surcharge between 1.86% your smart phone (mobile wallet) is growing in popularity too. Apple and 2.35%. Send them a check. Pay's tokenization methodology is a very secure way to do business. When carrying a balance. One of the worst times to use a When, however, are these options credit card might be when you not your best choice? Here are are unable to pay your balance five instances when it may make in full at the end of the month. sense not to use a card, despite This means that your purchases its security and convenience. will incur interest charges on the day of the transaction. Bargaining. Credit cards are great for the buyer, but they There is still a place and good have some disadvantages for the seller. Notably merchants methods of payment at your are typically charged a credit disposal. Credit cards debit card interchange fee of 2-4%. In order to have a bit more leverage, and cash all can win the day for buyers can make it dear that they best option, depending on the intend to pay in cash. This might circumstances of the transaction. give the seller an incentive to lower their price, especially since The relevance of cash, however, merchants tend to overestimate has certainly diminished with the amount they pay in card fees. the arival of digital money and reasons to have all available cards, smart phones, checks small purchases electronic payment methods. They have been talking about the Making from small businesses. The demise of cash since the 70s. How total cost of merchant fees can long will we be using it? Sounds be well into double digits on like a good topic for next month's small items as there can be artide! a flat fee and percentage of transaction fee. Sometimes these 1740 Stephenson Street Marinette, Wi | 715-732-4051 People Caring More pcm 601 Willard Drive CREDIT UNION Green Bay, WI | 920-499-2831 www.pcmcu.org