PAYING THE PIPER

Consumers may like the option of paying with plastic, but the proliferation of electronic payment systems has presented some problems for supermarkets. Not only has point-of-sale technology had to adapt to new demands, but, transaction costs for credit and debit cards place a strain on the industry's traditionally thin margins. sing activity-based costing to rationalize the cost of financial transactions.SN:

Consumers may like the option of paying with plastic, but the proliferation of electronic payment systems has presented some problems for supermarkets. Not only has point-of-sale technology had to adapt to new demands, but, transaction costs for credit and debit cards place a strain on the industry's traditionally thin margins.

sing activity-based costing to rationalize the cost of financial transactions.

SN: Given that supermarkets' acceptance of credit and debit cards, as

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