Forum Discussion
westernrvparkow
Mar 03, 2017Explorer
The fees credit card processors charge would far exceed any interest income any business could earn on a deposit. On top of the fees, there are costs involved in keeping the records of those deposits. At the government level, there are reporting and compliance hoops that have to be jumped thru. Deposits are very much a net cash loser, they are nothing but a cost of doing business.
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