Posted 6:00AM 01/24/13
This Sunday marks the first day that consumers could start paying an extra fee just for using their credit card to make purchases. But don't panic: It's unlikely to kick in right away, especially at the biggest retailers.
First, a bit of background. The fee in question is widely described as a "checkout fee," and starting on Jan. 27, retailers will have the option of charging it on any purchase made with a credit card. The fee came about as a result of a settlement reached in July 2012 between merchants and credit card networks, and is intended to help defray the costs of the swipe fees charged by those networks. As such, it can't be higher than what the merchant actually pays as a swipe fee -- usually between 1.5% and 3% of the transaction.
The settlement was actually merchants' second swipe-fee victory in recent years. The first came in the form of the Durbin Amendment, which capped swipe fees on debit card purchases at 21 cents per transaction. The July settlement didn't cap swipe fees on credit cards, but it did give retailers the right to pass them on to consumers -- if they choose to.
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Use a check or cash I guess.
Just noticed this. Typical
Nancy, many people do not have a check or cash right now. I don't yet, but many people have no choice right now but to put groceries and living essentials on their credit cards. Necessary purchases.
Credit cards, insurance... they will all be the death of us...
I do know that and have been there plenty of times myself.
Death of us? I thought it was Taxes. Oh wait- NO- insurance!
I might hate insurance more than taxes. No taxes. No insurance. Can't decide.
But both will kill us in the end or at least plague us till we die.
And the death will be faster without that insurance. (well, plague? by the time it is diagnosed you are probably dead anyway- no need for insurance).
Bubonic or Pneumonic?
Been in the bounced check all over town have to use credit card toget groceries from a store we didn't owe money to. I swear, my ex-husband must have thought the ATM was an endless money machine. I know it is not like your situation but several times I have been there, having to buy groceries and clothes on credit.
Many merchants in our fair city and county are not going to make the extra charge. Wonder how long that will last. Money talks (but it can't sing and dance. And it can't walk. Remember that song? sorry, it popped into my head the moment I wrote money talks. I apologize)
I don't remember which is which. Bubonic or pneumonic. I thin one is faster but the other is more dealy? I could look it up.
When I was working in Phoenix, we had a small outbreak of pneumonic in and around the reservations. Don't remember either. I think the deadliness would be bubonic more than pneumonic. Vaccines have taken away most of bubonic haven't they so an outbreak of it would be awful. Where as pneumonic is not common but occurs more frequently than you would think.
Yeah, rodents in the desert do carry Pasteurella pestis. Or the fleas of the rodents of r whatever. Pneumonic is transmissible though, I think the bubonic isn't except through those bites.