in lime light today: will a debit card help?
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Wednesday, May 21, 2008

will a debit card help?

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Credit card fees further strain gas stations


By Henry J. Holcomb


Inquirer Staff Writer


Caught in the middle are the gas station operators, who must pass the credit card fees on to their anguished and angry customers.


Gasoline at $4 a gallon might be a burden for consumers, but it is a windfall for credit card companies, according to industry experts.

The profits enjoyed by the credit card companies are from hidden fees they charge retailers, according to Ross DiBono, executive director of the 650-member Pennsylvania Association of Gasoline Retailers and Allied Trades.


So, retailers say, don't blame us, blame the credit card companies.


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Posted by Pilo Gui at 4:46 PM

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