On 1/4/2016 11:01 AM, Janet wrote:

>>
>> Sure it cost you. Fraud and theft costs all of us. The CC company took
>> the hit, but it is reflected in the price we pay.
>
> ? I pay nothing for using debit and credit cards.
>
> Janet UK
>

Yes, you do. It is built into the price of what you buy. We all pay it
and the banks get a piece of your card transaction. Makes little
difference on small transaction, but when buying a major appliance many
stores will give you a discount if you pay cash. I'm not sure what the
merchant pays but 2% to 5% seems common from what I've been told.