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Price Of Plastic Going Up? Merchants May Get Surcharge Rights

Tuesday, July 10, 2012 - 8:15 AM
Merchants may soon begin to impose a surcharge each time a customer pays with a credit card, a practice Visa Inc.  and MasterCard Inc. currently prohibit.  Read more
pearlbrownpearlbrown1,491 posts since
Nov 2, 2010
Rep Points: 6,489
1. Thursday, July 12, 2012 - 9:04 AM
So, do they want us all to go back to carrying cash or paying with personal checks?  People may buy less if they can't use their credit or debit cards which will have a backlash on merchants.  I know many times I buy more than I planned on buying because I know I can just put it on the card if I don't have enough cash with me.  Credit cards really help the merchants to sell more.  They should think seriously before putting fees on their use.
paoli2paoli21,406 posts since
Aug 10, 2011
Rep Points: 6,152