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Tuesday, July 10, 2012 - 8:15 AM

Price Of Plastic Going Up? Merchants May Get Surcharge Rights

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
9
pearlbrownpearlbrown1,009 posts since
Nov 2, 2010
Rep Points: 3,876
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.
4
paoli2paoli2449 posts since
Aug 10, 2011
Rep Points: 1,784
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