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Home›Global Markets›North America›Cash rounding and credit card surcharges are reshaping…

Cash rounding and credit card surcharges are reshaping everyday prices

The shift follows the end of penny production and is prompting retailers to round cash purchases to the nearest nickel and add fees to card transactions.

Reported · Written up by our desk · North America

CNBC Markets reports that more merchants are changing how they price everyday purchases as cash rounding and credit card surcharges become more common.

According to the outlet, some retailers are rounding change for cash transactions to the nearest nickel after the end of penny production, while others are adding surcharges to credit card payments.

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Sources

CNBC MarketsThe post-penny economy: How cash rounding and credit card surcharges are changing what you pay

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