“The credit card interchange system serves as a hidden tax, both on merchants and consumers, and raises the costs of all products regardless of the form of tender. And these credit card interchange fees have rapidly increased over the past several years, despite efforts by individual convenience stores to control these costs or make the competitive market work.”
Hank Armour
“The credit card interchange system serves as a hidden tax, both on merchants and consumers, and raises the costs of all products. These credit card fees have rapidly increased over the past several years.”
Hank Armor
“We believe this settlement is a reasonable and responsible resolution that serves the interests of consumers, merchants and our member financial institutions.”
Daniel Tarman
“PABP validation signals merchants that their POS systems are current with PCI compliance. We believe merchants want to buy secure systems, and we're taking steps to make our developer partners more competitive. When a PABP validated system is combined with a PCI-compliant payment processor such as Mercury, merchants get a secure swipe-to-settlement solution.”
Jenna Hutt
“Prior to VAT, the merchants had to pay one per cent entry tax on procuring goods from other States but from April 1, the same is now being charged on purchases made within the State, which is quite unacceptable.”
Anupam Agarwal
“Junk is the ultimate merchandise. The junk merchant does not sell his product to the consumer, he sells the consumer to the product. He does not improve and simplify his merchandise, he degrades and simplifies the client.”
William S. Burroughs
“A merchants happiness hangs upon chance, winds, and waves”
Proverb