MLUG: RE: [MLUG - DISCUSSION] Off topic - Check cashing cards
RE: [MLUG - DISCUSSION] Off topic - Check cashing cards
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> [snip info including good news on protections I wasn't aware of]
> 
> > Something to watch out for, though - according to the news, some
> > places have started charging you to use your PIN number for your
> > debit card, basically because they make more money off a credit
> > card.
> 
> That sounds odd to me, because the way credit cards "work" is that
> the merchant has to fork over a (small) percentage of his adjusted
> gross in order to take payment by credit card.  This is why the very
> stingiest places (Sam's Club) don't take credit cards at all (except
> their own) but do take debit/atm cards.  And why some other places
> give you a discount for cash.  
>
> Acutally, do you mean that the companies that process credit cards
> are discouraging debit cards?  I guess that might make more sense.

Sorry, I wasn't clear.
Here's the news article I refer to:
http://newstribune.com/stories/072802/bus%5F0728020002.asp
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