Lex (“Visa/Mastercard: fee plea”, June 20) notes that credit card processing costs, so-called swipe fees, in America average 1.8 per cent per transaction. Since my card company pays me 2 per cent for using their card (which I do for everything that I can), I suppose that I owe a debt of gratitude to all the card members who carry a balance for the card company’s munificence.
It does make one wonder, though, why some merchants charge an additional 3 per cent for using a card?
Guy Wroble
Denver, CO, US
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