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by theshortofit 2678 days ago
IMO, If surcharging really takes off, I think it will make Visa and MasterCard more accountable for their rate increase or at least think twice about it. I say this because with surcharging the merchants will pass the rate increases on to the customers and point the finger at Visa/MC. You might see the consumers then going to his or her Congress people both state an federal saying WTF! That's when the shit might hit the fan. That's why Visa and MC fought surcharging in courts they don't want to be held accountable. Stay tuned