On May 10, 2010, at 5:05 52AM, Iljitsch van Beijnum wrote:

> On 10 mei 2010, at 5:01, ty...@mit.edu wrote:
> 
>> I talked to a cab driver in Boston, and he's not very happy with
>> credit cards, because he was forced to use a new system for credit
>> cards, and it takes what he considered an unfairly large percentage
>> when customers pay by credit cards.
> 
> And that's why credit cards are so evil. I understand there are often 
> provisions that sellers can't charge a premium for credit card payments to 
> make up for the commission so in places where creditcards are common EVERYONE 
> pays more because of credit card commissions.

On the other hand, according to the NY Times taxi drivers in New York have 
found that accepting credit cards (required by law in the city) has helped 
their business and their bottom line: 
http://www.nytimes.com/2009/11/08/nyregion/08taxi.html


                --Steve Bellovin, http://www.cs.columbia.edu/~smb





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