A World of Selective Merchant Surcharges?
Aneace Haddad blogs about a recent story in the Los Angeles times about merchants offering discounts for cash purchases - vs. cards - and speculates how the future might be very different if merchants had the legal ability to selectively surcharge for cards. He says such a world would "automatically force payment schemes to think seriously about the benefits they provide to merchants when they come up with a new card product with higher interchange fees attached."
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