Credit card quote of the week
In response to the growing number of complaints about interchange fees, Visa said that merchants don’t pay interchange fees. Really?
In response to the growing number of complaints about interchange fees, Visa said that merchants don’t pay interchange fees. Really?
Visa and MasterCard don’t like merchants and they spent a million and a half dollars in the second quarter of 2008 to prove it.
I’m wanting to go way out on a limb and predict the end of credit cards as we know them. I can’t, but any other industry that was as business unconscious as the card companies would face imminent doom.
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