Merchant pays fees based on type of card.
Premium card (platinum,black etc) attracts higher merchant fee..returning more $$$$ to bank (in the end)
We got one too...
I think it is deceptive marketing and practice.
I ll buy visa and MasterCard shares now... They destined to see increase in their income...
Premium card (platinum,black etc) attracts higher merchant fee..returning more $$$$ to bank (in the end)
We got one too...
I think it is deceptive marketing and practice.
I ll buy visa and MasterCard shares now... They destined to see increase in their income...