Credit Cards
» Credit Cards, Volume 8, Issue 3, 2008
If respondent accepts credit or debit cards as a form of payment AND did not shop for a better deal before settling for the fee they now pay for VISA transactions.
8b1. Why didn’t you shop? Was it because you:?
| Response | ||||
|---|---|---|---|---|
| 1 | Wanted to keep your banking business in one place | 26 | ||
| 2 | Thought the fee was fair | 12 | ||
| 3 | Didn’t realize you might get a better deal elsewhere | 11 | ||
| 4 | They are all the same | 13 | ||
| 5 | No reason to change/Convenience | 6 | ||
| 6 | Franchisee/ Franchisor decided | 8 | ||
| 7 | Too busy | 5 | ||
| 8 | Other | 16 | ||
| 9 | DK/Refuse | 3 | ||
| Total (%) | 100 | |||
| N | 118 | |||
Notes: Twenty-six (26) percent of small employers who accept credit or debit cards as a form of payment and did not shop for a better deal before settling for the fee they now pay for VISA transactions because they wanted to keep their banking business in one place.
