Now that's a good business, we think to ourselves when we run into the convenience store at 1:00 A.M. for whatever. Then to pay for that item such as bread we swipe our credit card. That cost of that transaction to the owners of convenience stores is what's sucking out the profits.
There's no easy solution. German-owned food store Aldi demands cash or debit card only. Conveniences stores can't do that. Their unique sales proposition is convenience. It's convenient for customers to swipe a credit card.
Recently I researched this Catch-22. Here is the article published in PaymentWeek.com.