The Barrelhead Is Gone

[Ed Hurst]

The issue with minimum charge is that the handling charges for debit and credit cards cost the merchant. The amounts varied, but it meant someone selling something for $1 would lose their profit margin, or worse, if you paid by card. However, more and more of the larger stores are able to absorb that loss, while the smaller businesses can't. Removing cash exchanges by any means will kill the small business, and that's on purpose, along with all the other things the big guys do to wipe out the competition.