Re: More weirdness from Choate Prime

2002-05-20 Thread Jim Choate
On Sun, 12 May 2002, Bill Stewart wrote: The price of goods for which credit card payments are common adjusts to a level that reflects the cost of the payment system. For the most part, the credit card companies require the merchant to hide the credit card charges in the purchase price, so

Re: More weirdness from Choate Prime

2002-05-20 Thread Jim Choate
Now that I'm back from a week of other interest... On Sun, 12 May 2002, Tim May wrote: An interesting situation in Choate Prime, the world that exists parallel (but out of kilter) to our own. However, here on Earth, non prime, the recipient of a credit card payment is the one who

RE: More weirdness from Choate Prime

2002-05-13 Thread Trei, Peter
Morlock Elloi[SMTP:[EMAIL PROTECTED]] wrote: payment is the one who pays the 1-3% transaction charge. The payer pays nothing. There are more and more brick shops that charge 3% *more* for credit card payments via principle of 3% cash discount. The CC commission is calculated into

More weirdness from Choate Prime

2002-05-12 Thread Tim May
On Sunday, May 12, 2002, at 07:00 AM, Jim Choate wrote: On or about Sun, 12 May 2002, somebody wrote: People don't actually have to understand it as long as they get paid, of course. People who are getting paid want to get paid as cheaply as possible, ceterus parabus, and so any payment

Re: More weirdness from Choate Prime

2002-05-12 Thread Bill Stewart
At 03:50 PM 05/12/2002 -0700, Tim May wrote: On Sunday, May 12, 2002, at 07:00 AM, Jim Choate wrote: On or about Sun, 12 May 2002, somebody wrote: People don't actually have to understand it as long as they get paid, of course. People who are getting paid want to get paid as cheaply as