APT Margin Transaction Losses, page-94

theres no advantage, its lose lose for everyone

- retailer loses out because APT takes a bigger margin than CCs, including AMEX
- Customer loses out because CCs provide credit for a longer period of time than APT
- Customer loses out because APT doesnt provide any reward points / incentive scheme
- Customer loses out because it feeds the "indulge now and worry about paying back later" mentality - i.e. poor financial literacy