Thursday, August 23, 2007
"Wells Fargo Recoups Following Massive Online, ATM Glitch" (ETC News Network)
WayTooHigh.com hopes they don't use this as an excuse to raise interchange fees to fund the infrastructure to fix this problem.
SEE NEW SITE - Welcome to WayTooHigh.com: The Credit Card Interchange Report. This site features the most comprehensive international breaking news, daily updates and commentaries on the history of merchant interchange fees. The goal in representing millions of merchants and cardholders is to reform an antiquated, costly and unfair payment system and explain why the nearly $40 billion annual merchant interchange fee is a hidden tax on consumers and retailers.