Re: Happy anniversar
y, swipe fee reform (Opinion Article)
10-02-2012 11:10 AM
I haven't noticed any reductions in prices from merchants after the debit card swipe fee reform bill passed. I disagree with the article that merchants didn't just pocket the difference. They definitely did. If a merchant is only making 1-3% profit on their goods, they clearly don't possess good business skills and I have a really hard time feeling sympathetic.
Starting Score: TU: 566
Current Score: TU: 741 (Discover FICO); EQ: 755 (MyFico) EX: 774 (FAKO)
Goal Score: 800
Take the FICO Fitness Challenge