Money & Economics
- Thread starter bigredfish
- Start date
Ok somebody please help me and post something good (not fake blabber) about the economy and/or markets …please
Ssayer
BIT Beta Team
Don't you just love semantics? Just got a postcard from DTE (Detroit Edison). All customers on auto-pay will be unenrolled on February 27. To continue on autopay, you need to re-enroll after March 2, agreeing to pay the card processing fee (which DTE has eaten forever). Here are where the semantics come into play. "Processing fees do no benefit DTE and are paid directly to the payment processor". Now let me see... I pay more while DTE keeps more. Hmmm...
If they want to charge a fee for cc payments, what can you do, but what's the excuse for charging the fee for debit card payments?
DTE will soon begin tacking on credit card fee to utility bill payments
"One of Michigan’s largest utilities will soon start tacking on a fee when customers pay gas and electric bills with credit or debit cards."
shhhh... You weren't supposed to notice that. For the answer, they'll do it because they can.