That is unfortunate, but did you really "lose" money? The card
companies make the money from the card holders, not the vendors.

You couldn't be more wrong. Credit card companies charge the
'vendors' a fee for each and every transaction.

No, you couldn't be more wrong. Vendors choose the prices, consumers
hold the cards. Consumers make the purchases. The fees are passed to the
consumers.

Actually, the credit card companies dip from both wells, charging consumers
AND vendors.

However, vendors are ALWAYS charged, while consumers are charged only if
they're dumb enough to rack up balances, and pay 22% interest.

Of course, in the end, consumers pay more because of the vendor charges,
too -- but it's not always a 100% pass-through.
--
Jay Honeck
Iowa City, IA
Pathfinder N56993
www.AlexisParkInn.com
"Your Aviation Destination"