How does a decrease in credit card fees likely affect the demand for physical money?

When credit card fees decrease, using credit cards becomes cheaper and more appealing for consumers. This means that people are more likely to use their credit cards for purchases instead of cash. As a result, the demand for physical money, like coins and bills, may go down because fewer people feel the need to carry cash for everyday transactions. For example, if a coffee shop lowers its credit card fees, customers might prefer to swipe their cards rather than pay with cash, leading to less demand for physical money. Overall, lower credit card fees encourage people to use digital payments more often, reducing their reliance on cash.