Retailers' increasing acceptance of credit cards has more to do with competition and customer demands than with banks' pricing, product development efforts, or marketing claims, a survey by Payment Systems Inc. indicates.

The survey, commissioned by the point of sale equipment maker Verifone Inc., showed credit card acceptance to be widespread in non-food merchandising. For example, 90% of specialty stores in the survey were taking cards, as were 88% of oil and gas retailers, 86% of hotels and motels, and 70% of durable-goods retailers.

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