XPost: rec.arts.sf.written, rec.arts.books   
   From: YourName@YourISP.com   
      
   In article , Gutless Umbrella   
   Carrying Sissy  wrote:   
      
   > The Horny Goat  wrote in   
   > news:g5uv19duq8b9o58geqa4jsb2smk41hqe35@4ax.com:   
   >   
   > > 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.   
   >   
   > And your source for that is? Other than your ass, of course.   
   > >   
   > > The reason merchant fees have gone up so dramatically is that   
   > > people ARE getting smarter in their use of cards.   
   > >   
   > The reason merchant fees have gone up is because they can. There's a   
   > percetpion of more fraud on the internet, which isn't accurate, but   
   > is used as an excuse.   
      
   The reason the fees keep going up is the same as it always is: the   
   greedy selfish swines in management who do bugger all useful want even   
   more obscene amounts in their own pay packets, bonuses, etc.   :-(   
      
   --- SoupGate-Win32 v1.05   
    * Origin: you cannot sedate... all the things you hate (1:229/2)