Sunday, April 17, 2005
Note: Some news links may expire one week after posting.Merchants Pay Higher Fees If You Use Hi-End Visa/MC
Here's a twist. If you use a loaded-with-perks Visa Signature card or Grand Mastercard to make a purchase at a store, banks are now charging those merchants a higher percentage of each sale. Stores are not happy that they have to pay for your extra perks. For more consumer news, visit Consumer World.
