http://disqus.com/by/creditunionwarrior/enTue, 13 Oct 2009 16:20:21 -0000http://tylerhannan.com/2009/10/surcharge-for-credit-cards/#comment-19991767<p>It's a tough issue. Consumers love the convenience of using plastic. Merchants love the convenience (and safety) of using plastic...they just don't want to have to pay for it. Financial institutions love plastics usage because of the interchange income that such usage provides.</p><p>The question is, how can we make sure the costs of plastics usage is fair to consumers and merchants, while compensating the card issuers for their associated risk and expense?</p><p>Cash discounts, as you have described, are one way to address this issue. That is, only if the discounts are actually discounts. My guess is that they will merely become disguised surcharges.</p><p>In a free market, merchants are free to decide whether or not they want to accept plastics. They choose to because it benefits them, and it is worth the price. If they believe otherwise, they are always able to become a "cash only" merchant.</p>creditunionwarriorTue, 13 Oct 2009 16:20:21 -0000http://www.cumakingcents.org/2009/10/readers-reward-laptop-cooling-pad.html#comment-19306453<p>COOL ME!</p>creditunionwarriorWed, 07 Oct 2009 10:57:05 -0000http://www.youngfreetexas.com/blog/back-2-school-video-roomies.html#comment-15590914<p>Brand new box of grits. Gone.</p><p>Once I put pen to paper with this line as an inspiration, Merle Haggard will be sent his next #1 hit.</p>creditunionwarriorSun, 30 Aug 2009 08:17:54 -0000