Talk of The Villages Florida - View Single Post - VCDD & Citizens Bank
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Old 07-30-2021, 10:36 AM
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Goldwingnut Goldwingnut is offline
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The government agencies have no choice but to change the fees. The credit card companies charge a fee for every transaction. Not collecting the fee would be lowering the amount collected for the taxes or other fee and thus be giving preferential treatment.
Businesses don’t change a fee because they take it out of their profits. They compensate by raising their prices to cover the costs. While generally only about 3%, these fees amount to a large amount of money for businesses both large and small.
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