November 21, 2011
Every time you pay with a credit card, a percentage of your purchase goes to the credit card company and bank. The more often you pay with a credit card, the more money goes to the credit card companies and banks in the form of transaction fees charged to the merchant... The less income the merchant has available to pay staff, suppliers...sponsor the local baseball team...or even send their own child to summer camp... The fix is easy, though. Just consider paying with cash or debit. Where ever you can, avoid compelling the independent merchant to pay the credit card companies.
August 17, 2011
To mark the first anniversary of the implementation of the Credit Card/Debit Card Code of Conduct, we released a report celebrating the many substantial accomplishments of the Code, as well as noting areas for further improvement.