Offering Cashback at the Till: The Float It Eats, the Fees Involved and the Daily Limit That Keeps It a Service, Not a Drain
Offering cashback at the till sounds like a small kindness: a customer pays by card, asks for a little cash back, and walks out happy. Behind that small kindness sits a real cost, because every cashback payout is float leaving the drawer, and the card transaction that carries it still has to be recorded and…