XPost: rec.arts.sf.written, rec.arts.books   
   From: lcraver@home.ca   
      
   On Wed, 28 Aug 2013 09:07:31 -0700, Gutless Umbrella Carrying Sissy   
    wrote:   
      
   >> Oh, they intend to get the customers to run a balance and   
   >> getting to use credit cards is just greasing the skids.   
   >>   
   >And, apparently in Canada, lets them charge merchants an order of   
   >magnitude more. Don't discount that as a motive. Merchant fees apply   
   >whether the consumer carries a blance or not, and overall probably   
   >account for as much as interest on balances, if not more.   
      
   Probably doesn't enter into it. Merchants pay the overhead plus a   
   portion of the profit marge, customers carrying balances provide the   
   gravy.   
      
   The reason merchant fees have gone up so dramatically is that people   
   ARE getting smarter in their use of cards.   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)