gonlymoney

A Reason To Be Cautious on Visa, Mastercard

Hooooooray, some one out there with some good sense. Great post; I am ready to save 5 percent for paying cash whenever I can. You're analysis of the fee issue is as right on as your analysis of the thinking behind the fee argument and your perception of our rotten, scoundrel filled, government.


On May 21 06:32 AM g-wood wrote:

> The gubment should stay out of future regulations unitl it can prove
> it will monitor and enforce what is already on the books. The current
> gubment is the all time worse we have had and have proven to be prevaricators,
> procrastinators, and of course, politicians more interested in staying
> in office than doing good for the US.
> If merchants find fees excessive let them offer 5 percent or more
> discounts for using cash and if advertised properly and offered for
> an extended time, that should bring both major cards to the table
> to negotiate fees.
> This intrusion into credit card fees is merely face-time for a club
> of elites who should spend more time getting the country out of debt,
> better educated, and more respected in the world vision.

A Reason To Be Cautious on Visa, Mastercard

The gubment should stay out of future regulations unitl it can prove it will monitor and enforce what is already on the books. The current gubment is the all time worse we have had and have proven to be prevaricators, procrastinators, and of course, politicians more interested in staying in office than doing good for the US.
If merchants find fees excessive let them offer 5 percent or more discounts for using cash and if advertised properly and offered for an extended time, that should bring both major cards to the table to negotiate fees.
This intrusion into credit card fees is merely face-time for a club of elites who should spend more time getting the country out of debt, better educated, and more respected in the world vision.