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.