Question

Does offering customers cashback save supermarkets money?

I learned recently that most supermarkets ask customers if they want any cashback not out of a desire to be helpful, but because the supermarkets get charged by their bank for paying in their own takings.
So the more money given as cashback the less the supermarket has to pay into the bank, so less bank charges. Is this correct?

5 months ago - 3 answers

Best Answer

Chosen by Asker

No, it is done as a customer service.

5 months ago
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Other Answers

No

by Judd Vander - 5 months ago

No, it is a misuse of the rule.

by Rashed - 5 months ago