Quote:
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If the customer used a debit card, that retailer would pay 12 cents to a payment firm such as Interac to process the transaction. But if the customer used a premium credit card, the retailer would have to pay $12 to process that same transaction — more than 100 times the cost of the debit transaction.
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So on top of interest rates that are on the level with gangsters, they're raping us already with these fees-- that we all pay for-- regardless if we use credit cards or not. God us Canadians are suckers aren't we? We pay through the nose for everything.