>
> Help me out here: you want a free credit line? Transaction clearing,
> multi-week float, card services like price protection, insurance
> bundles, all for free? Paying within the grace period still entails
> costs on their end, clearly not taken up by the transaction cost.
So that 4% of the face value of a transaction that they charge a merchant is what, chump change? I think we've had a version of this conversation elsewhere and I'm still having a hard time feeling banks' pain.
>
> Hell, sign me up too!
>
> /jordan
>
--
Joseph Noonan jfn1 at msc.com