The paying in cash and not being traced part is directly connected to a criminal act. Wonder why governments aren't liking cash transactions.
Well, sure, sometimes. But criminals definitely use other methods to mask transactions to one another. For example: It used to be somewhat common for a restaurant to steal workers tips if the customer paid the tip by card, and I'd be surprised if they paid taxes on the tips they stole.
On the other hand: Do you want others to know how much your tipped each stripper?
Privacy matters to a point. In general, you should have the same sort of privacy you can get when using the toilet: A closed door to keep the specific details to yourself, even though everyone knows in general the sorts of things that happen in there. A few exceptions apply - most folks will come to your aid if they think you need help in there, for example.
This fee is avoided with cash.
[not to mention fees on the other end - a huge percentage on most ATM withdrawals].
So I doubt the transaction fee is relevant at all in my garage's consideration to offer me a 'discount'. This nearly doubles his net income and saves me 21% in VAT, just because it's off the books.
When using a debit card, holds placed for funds (i.e. hotel incidentals) impact real cash in your account.
When using a credit card, these holds impact your credit line, not your actual funds.
I avoid using my debit card whenever possible, because it protects my assets more securely.
"In a credit card dispute, the credit card issuer may issue a chargeback, which means that the disputed funds are taken from your merchant account and returned to the cardholder. With debit card disputes, the disputed funds are typically frozen in the cardholder's account until the dispute is resolved. This means that you may experience a cash flow impact with credit card disputes, while debit card disputes may have a more immediate impact on the customer's access to their funds."
https://www.chargeflow.io/blog/credit-card-dispute-vs-debit-...
Like I said, it's a very different world when it comes to payments over here. Apps like Cash App of Venmo are also don't really exist, for example, because banks already provide similar functionality in their apps without transaction fees.
Here's some core-fee details: https://gravitypayments.com/support-library/card-brand-fees/
And Gravity's general fee range here: https://www.cardpaymentoptions.com/credit-card-processors/gr...
It won't help him much if he gets audited, though.