tag:blogger.com,1999:blog-18727600.post-28826390194625418652008-05-05T07:22:00.005+02:002008-05-05T07:37:13.033+02:00

Mandated reductions in interchange fees in Australia were supposed to cause retail prices to drop, directly benefiting consumers. The whole idea is that interchange is a “hidden fee” that retailers bundle into their prices, and that a reduction in fees charged to merchants would benefit customers. Sounds like basic, logical thinking that you would find in a high school economics and civics class,

Aneace Haddadhttp://www.blogger.com/profile/08119604490247753986noreply@blogger.com