View Single Post
  #12 (permalink)  
Old 09-09-2004, 06:54 AM
jmjj215's Avatar
jmjj215 jmjj215 is offline
$ Saving College Senior
 
Join Date: Sep 2004
Location: In My Office
Posts: 1,657
Points: 22288.20
Donate
Default Re: reward credit card vs regular credit card

What is the rationale behind this charge? I heard a while ago that visa/mc can charge the merchants a higher per-transaction percentage when the customer elects to type in a PIN instead of just signing the receipt as if the debit card were a credit card. What makes the PIN so unattractive to banks/cc companies?
Reply With Quote