davidjohn6366
Matrosen-Stabsgefreiter
Joined: 30 July 2022
Location: United States
Online Status: Offline
Posts: 136
|
| Posted: 14 November 2022 at 19:53 | IP Logged
|
|
|
Certainly, business owners, particularly those that are
large and process an incredibly large monthly volume of
credit card transactions, don't want to hear that the fees
should be raised! Some are even calling for government
regulation to ensure a reduction in credit card processing
fees. Large retailers, including Kroger and Safeway grocery
chains, behemoth drug stores, such as Walgreen and Maxi
Drug, and others are even engaged in a lawsuit with Visa
and MasterCard, declaring that Visa and MasterCard, for all
intents and purposes, are monopolistic entities that
violate antitrust laws. The retailers believe that Visa and
MasterCard's standard, uniform fee structure need not
change, simply that the associated fees should be reduced.
But how, in practical North
American Bancard Sales Partner terms, is this going
to be accomplished? Visa and MasterCard are unlikely to
determine that their profits are too high and implement
interchange price reductions. Consequently, retailers are
urging for state and federal / legal intervention requiring
Visa and MasterCard to adopt "cost-based pricing."
__________________
Stimmwelten bietet Sprech-Coaching, Balance Coaching, Stimmtraining und Sprechcoaching Seminare und Workshops für Führungskräfte. Überzeugen mit Ihrer Stimme.
|
Active Topics 
Memberlist 
Search 
Help
Register 
Login
U47.org Forum :: The Cadet School
Topic: Credit Card Processing Service
