Posted by Paul on August 02, 2013 at 06:56:58 from (66.44.139.8):
In Reply to: OT Debit card nKFC posted by ollie poor on August 02, 2013 at 06:07:35:
Other side of the coin, was in line at a McDonald's, kid in front of me ordered and paid his $5 with a debt card, then forgot he wanted a second beverage for a buck, paid that with the debit card again.
So for a $6 bill, McDonald's likely had to pay the finance company 50 cents in swipe fees and 18 cents in the percentage fee. They sure lost money on that $1 transaction.....
Agree the whole deal stinks, there is a pretty big court case and lots of lobbying going on, as I read last week two very powerful groups are butting heads on this, financial folks against retail folks. The fees are just crazy amounts of money when you add it all up.
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Today's Featured Article - The Nuts and Bolts of Fasteners - Part 2 - by Curtis Von Fange. In our previous article we discussed capscrews, bolts, and nuts along with their relative hardness and thread sizes. In this segment we will finish up on our fasteners and then work with ways to keep them from loosening up in the field. Capscrews, bolts and nuts are not the only means of holding two parts together. When dealing with thinner metals like sheet tin, a long bolt and
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