Why Are Merchants so Hung up on Credit Card Fees?
Retailers believe that, if only the credit card interchange fees were lowered, it would all be good once again. Well, that is not the world I live in....
Tag: interchange fees
False Credit Card Experts, Free Advertising and why Home Depot Loves PayPal
Who benefits from false statements about the size of the card processing fees and absurd ones like the claim that Square has negotiated lower rates with banks?...
The European Union MIF-ed by Visa
The EC is banning Visa from charging cross-border fees on credit card transactions between European countries and on some domestic transactions; it makes sense....
When $7.25 Billion Is not Enough
It was always clear that the antitrust deal the merchants agreed with Visa and MasterCard wasn't a good deal for them and now they've figured it out....
Would You Pay by a Credit Card if a Retailer Charged a Fee for It?
Merchants are getting paid $7.25B by Visa and MasterCard in an antitrust settlement and are now allowed to place surcharges on credit card payments....