> The money extracted by the credit card companies and Visa causes merchants to raise prices for everyone regardless of whether they have a rewards card or use a credit card at all.

Case studies indicate otherwise.

Dodd-Frank Act postulated what you stated, that higher fees result in higher prices for consumers ... and if you lowered the fees for the merchants, merchants would lower their prices (to pass along that savings back to the consumers).

But studies have shown otherwise, and merchants did not lower fees.

https://www.cutimes.com/2015/09/03/durbin-failing-to-lower-m...