Merchants may get charged a lot for credit card fees but cash handling come with significant costs too such as banks charging for deposits, having to travel to the bank, counterfeiting, security, and leakage.
This article says the cost to handle cash is 5 to 15%, more than credit cards.
This article says the cost to handle cash is 5 to 15%, more than credit cards.
https://www.palmerretailsolutions.com/blog/cash-handling