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I am not sure what the proper amount should be but there does need to be limits random thoughts Send a noteboard - 20/12/2010 11:10:18 PM
Right now VISA and MC can pretty much dictate the terms and if you don't like it you can try running a store that won't accept credit cards. Maybe they can stop offer all those reward systems that only favor the wealthy and businerss travelers. The rest of us are paying for those free miles with higher fees being passed onto to us from the retailer.
This message last edited by random thoughts on 20/12/2010 at 11:11:16 PM
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Fed Proposes 12-Cent Max Fee On Merchant Debit Fees Roland00 - 17/12/2010 06:00:35 PM 717 Views
I'm a little iffy on this Isaac - 17/12/2010 09:08:56 PM 418 Views
Whether due to perception or reality, merchants need this. Joel - 17/12/2010 09:22:09 PM 617 Views
It may hurt consumers, it will hurt the banks Roland00 - 18/12/2010 06:03:40 AM 470 Views
I'd like to use credit cards more without feeling guilty that it's costing the business money. *NM* Aeryn - 20/12/2010 03:26:04 PM 195 Views
ok i see now it doesn't apply to credit cards *NM* Aeryn - 20/12/2010 04:11:59 PM 212 Views
Credit Cards have their own interchange fees Roland00 - 20/12/2010 06:55:33 PM 488 Views
I'm so glad Visa and Mastercard are so worried about consumers, especially given THEIR tight budgets Joel - 17/12/2010 09:14:53 PM 578 Views
You do know Barney Frank (Democrat and major liberal and progressive) is against the change Roland00 - 18/12/2010 06:18:37 AM 537 Views
I didn't; guess that just means he's wrong. I fail to see how opposing this is progressive at all. Joel - 18/12/2010 12:49:36 PM 445 Views
It has nothing to do with being progressive, it has everything to do with his banker constituents. *NM* Macharius - 20/12/2010 01:30:04 PM 184 Views
I figured, but, as you say, nothing progressive in that. Joel - 20/12/2010 02:44:47 PM 431 Views
I am just pointing out that Evil is not unique to a single political party Roland00 - 20/12/2010 06:56:29 PM 480 Views
It wouldn't be nearly as effective it it were; it's quite systemic, for a reason. Joel - 20/12/2010 07:46:29 PM 474 Views
Sounds good to me, but it does seem like a natural monopoly, so that competition idea... eh. Legolas - 17/12/2010 09:37:20 PM 478 Views
Curious. Sareitha Sedai - 20/12/2010 07:02:05 PM 448 Views
True, that does amount to largely the same thing. Legolas - 20/12/2010 07:12:27 PM 573 Views
I don't think so? Sareitha Sedai - 20/12/2010 07:21:32 PM 484 Views
Re: I don't think so? Legolas - 20/12/2010 08:00:35 PM 475 Views
Well Sareitha Sedai - 20/12/2010 08:06:49 PM 502 Views
Re: Fed Proposes 12-Cent Max Fee On Merchant Debit Fees BlackAdder - 18/12/2010 07:36:41 AM 638 Views
I am not sure what the proper amount should be but there does need to be limits random thoughts - 20/12/2010 11:10:18 PM 581 Views
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