"Cash Discounts Surge 60% Since 2015: Potential Savings Revealed"

Cash discounts are becoming more common, with a 60% increase since 2015, though they still account for only 3% of cash payments. These discounts typically range from 2% to 4%, potentially exceeding credit card rewards. Businesses offer cash incentives to avoid credit card processing fees, which are 2% to 4% per transaction. While credit cards offer fraud protection and ease of tracking expenses, paying with cash or debit cards can save money, especially when surcharges are applied to credit card transactions.