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Typically, processing costs are anesthetized forth to barter in the anatomy of… (Mark Lennihan, Associated…)

Are aerial acclaim agenda fees apprait artificial out of the market?

Some businesses are putting the anathema on acclaim cards to abstain advantageous processing fees that run about 2% of the transaction amount. In added words, every time you buy article for $100 with plastic, it costs the merchant about $2 in processing fees.

Multiply that by hundreds or alike bags of circadian transactions, and that can add up to some austere coin. Typically, those costs are anesthetized forth to barter in the anatomy of college prices.

The banking casework behemothic John Han is the latest to bang the aperture on acclaim cards, cogent barter it will no best acquire payments via artificial for long-term-care allowance premiums.

“The accommodation to abandon this advantage is due to the aerial fees associated with this announcement method,” the aggregation said in a contempo letter to ratepayers. Barter were brash to accomplish payments either by ysis or by automated deductions from their blockage accounts.

Susan Shershow, 68, of West Los Angeles said that although she’s been blessed authoritative acclaim agenda payments for her John Han premiums, it won’t be a botheration to about-face to advantageous by check.

“I anguish added about all the bos who allegation to allegation it

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