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As ‘Buy Canadian’ grows, more US companies say retailers turning away their products
(www.reuters.com)
this post was submitted on 31 Mar 2025
263 points (100.0% liked)
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No, cashback is literally a "use this credit card and we'll give you 1% of your money back as a reward" then they charge the vendor 3% to process the transaction.
Oh, ok.. gosh... Thanks for explaining.
Yes and no, those rewards increase the prices charged by the retailer.
Then the credit card company's ban charging extra to cover that.
It's inherently a monopolistic exploit.