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> Following an evaluation of credit card transaction fees in Canada and the rest of the world, we have concluded the fees applied to Visa credit card purchases
by scarlac 10y ago
> Following an evaluation of credit card transaction fees in Canada and the rest of the world, we have concluded the fees applied to Visa credit card purchases remain unacceptably high.
> (...) requires us to keep costs as low as possible.
Sounds pretty to-the-point to me. Remember that for 'budget' stores and chains the bottom line should translate directly to customer benefit (ie. lower price).
An added anecdote: I've run a startup with high-priced goods/services with low profits and card expenses are a huge PITA and will cost you a considerable amount of money.