May 26, 2012
Published: 6 Mar 10 12:08 CET | Double click on a word to get a translation
Online: http://www.thelocal.se/25382/20100306/
Charges for using credit and debit cards for small purchases will be abolished under new proposals from the government.
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lång
adjective
Lång means long, tall and can be used for height, distance or time.
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This will help small business´s a lot.
On a more conspiracy-theoretical note, some would say that the progressive attempts at eliminating cash make it for much easier privacy invasion and control of the money supply in order to allow the government to "fix" the economy as they wish.
The end result will be higher prices for everyone and cash payers will suffer. This has been the way in the United States for years. I remember reading somewhere that the average convenient store (7'11) in a major US city pays about 200,000USD a year in those fee's to Visa, etc... PS the cut they take, depends on things, like whether it's a rewards card, debit card...both of which cost more for the retailer.
At Davey-jo, people do not need to use cash, and most use plastic these days. Whether it is fair or not...I do not really know. I feel like it's just the way of doing business and the convenience of using a card. It will save the State a lot of money (from printing and destroying old bills etc..) Plus they'll probably see revenue from the tax increase from the windfall card companies will reap, ha ha...I say windfall in a country of 9 million...Visa doesn't really care.
Know what you mean. Don't ya just wanna slap them folk up the side of the head and show em a debit card.