CSP Magazine

Cashing Out–or In?

Retailers face challenges with cash acceptors at the forecourt.

Thanks to many factors—such as attractive cash prices at the pump for consumers and another avenue to PCI compliance for retailers—cash at the fuel island may be waging a comeback.

Though credit and debit cards are still the most widely used form of payment at the fuel island, last year cash use rose 3.8% to 46.8% of total  transactions (in percent of sales dollars), while card use went down 3.6% to 52.3%, according to the 2008 NACS State of the Industry Report.

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