Quote:
Originally Posted by PeteMoss
Except for the people who outright offer a cash/debit discount, what percentage of companies do you think will lower prices? 1%? Telus is going to charge fee... Did they say anything about lowering the plan costs for everyone by the 2% or whatever they will charge for credit card payments?
Youll be paying the same but the credit card people will pay more.
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If all the sudden there is 2% more margin on every single business in the country, people will come in and undercut those margins for market share, or in other cases that temporary bump will be eroded by future increases in other business expenses.
You're asserting pricing is arbitrary, and not directly coupled to the input costs of a business, and not directly related to demand.
If that was the case, every store may as well charge a billion dollars for everything.