If this is your first visit, be sure to check out the FAQ by clicking the link above. You may have to register before you can post: click the register link above to proceed. To start viewing messages, select the forum that you want to visit from the selection below. |
|
|
Thread Tools | Display Modes |
#41
|
|||
|
|||
wrote in message rg... On Wed, 5 Nov 2003, Doug wrote: Maybe customers wouldn't love them as much if they knew how much they add to the cost of their purchase. Credit card sales cost merchants a lot more than most people realize. Of course, that comes out of the merchant's pocket... but where do you think the merchant's money comes from? All in all, cash is a much better deal for both customer & merchant; the only ones who win when a credit card is used are those in the business of issuing credit cards or processing transactions. On significant purchases where I am going to use a credit card I ask if cash would be preferrable and in 99.9% of the cases merchants say they prefer the card. |
#42
|
|||
|
|||
"Captain Wubba" wrote in message om... Considering it costs about $100K for each ATM, plus periodic maintenance, it's great business sense for the eBanks to use competitors machines (which are in place, at great cost) and just refund the fees the ATM owner charges. Their customers would have to use EACH SINGLE ATM machine 30,000 to 50,000 times to cover the cost of having their own. Just a minor correction. It costs nowhere *near* $100,000 for an ATM. Cash dispensers can cost as little as $10,000, while good full-service ATMs can be had for $25,000. Sorry...I was using early 1990's numbers. I'm sure the price has declined since much of the early costs were often for the secure network which is now ubiquitous. |
#43
|
|||
|
|||
"Ron Natalie" wrote in message m... "Tom S." wrote in message ... Considering it costs about $100K for each ATM, plus periodic maintenance, it's great business sense for the eBanks to use competitors machines (which are in place, at great cost) and just refund the fees the ATM owner charges. Their customers would have to use EACH SINGLE ATM machine 30,000 to 50,000 times to cover the cost of having their own. The cost would also involve finding someplace to put it. Perhaps with some national aliance with some place like 7-11 or Exxon stations could do it, but otherwise they'd have to real scramble to arrange with people to allow them to install these things. By the way, I only paid $20 for my ATM, and I think I bid too high. Does it burn your fingers? |
#44
|
|||
|
|||
"Tom S." wrote in message ... By the way, I only paid $20 for my ATM, and I think I bid too high. Does it burn your fingers? Nope, I obtained it legitmately. I picked it up at an RTC auction along with a whole pile of office furniture. |
#45
|
|||
|
|||
"Ron Natalie" wrote in message m... "Tom S." wrote in message ... By the way, I only paid $20 for my ATM, and I think I bid too high. Does it burn your fingers? Nope, I obtained it legitmately. I picked it up at an RTC auction along with a whole pile of office furniture. The real cost is in moving it. |
#46
|
|||
|
|||
"Peter Gottlieb" wrote in message news The real cost is in moving it. It had wheels. It wasn't anywhere near as heavy as the desk/credenza set I also bought. |
#47
|
|||
|
|||
|
#48
|
|||
|
|||
"PaulaJay1" wrote in message ... Not true, Dan. I charge on my my credit card and my wife pays the bills. G Seriously, It is a lot easier to contest a purchase if you have not yet payed for it. You can contest a charge and go into arbitration. You can contest a credit card charge even if you have paid for it. I've contested a handful over the years and have never had to go into arbitration yet. The worst I've had to do was sign an affidavit saying that the charge was erroneous. |
#49
|
|||
|
|||
wrote in message
rg... Maybe customers wouldn't love them as much if they knew how much they add to the cost of their purchase. By "customers", you mean the same idiots that feed anywhere from $1.50 to $3.00 or more to banks just for the privilege of saving those banks money? Right. As if those customers really care. That assumes, of course, that allowing credit cards is actually a net loss for the merchant. Not a foregone conclusion at all, since many factors are improved when a merchant allows credit cards, including reduced fraud and more sales. Pete |
#50
|
|||
|
|||
"Ron Natalie" wrote:
You can contest a credit card charge even if you have paid for it. I've contested a handful over the years and have never had to go into arbitration yet. The worst I've had to do was sign an affidavit saying that the charge was erroneous. In many ways, the credit card companies are kinder to consumers than the credit laws require them to be. They knowingly eat a certain amount of loss because it makes good business sense. The loss is less than the bad will it would generate if they didn't, not to mention the administrative cost of haggling over it. They just factor it into the cost of doing business. |
Thread Tools | |
Display Modes | |
|
|
Similar Threads | ||||
Thread | Thread Starter | Forum | Replies | Last Post |
UFO sightings are down, Homebuilt Flyers! | [email protected] | Aerobatics | 0 | February 5th 05 01:11 AM |
EVIL AMERICAN GOVT (aka FBI) is full of SADISTS and PERVERTS | Barnyard BOb - | Home Built | 1 | October 12th 04 02:02 PM |
4 seat Vision from American Affordable Aircraft | Michael Dingman | Home Built | 9 | June 23rd 04 06:21 PM |