Sorry to tell you , but there ARE transaction fees on credit cards. Normally, the MERCHANT pays them. In many cases, the merchant is not allowed to pass them on or to give discounts for cash. The thinking here is that the merchant's business will increase enough by accepting CCs to offset the extra cost of the fees. I have been on BOTH sides. Most merchants (especially the larger ones) cannot afford to do without credit cards. The fees are just invisibly added in to the cost of the product that the merchant sells as part of the cost of doing business.
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Today's Featured Article - Listening to Your Tractor - by Curtis Von Fange. Years ago there was a TV show about a talking car. Unless you are from another planet, physically or otherwise, I don’t think our internal combustion buddies will talk and tell us their problems. But, on the other hand, there is a secret language that our mechanical companions readily do speak. It is an interesting form of communication that involves all the senses of the listener. In this series we are going to investigate and learn the basic rudimentary skills of understanding this lingo.
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