Convenience Fee’s

by David Friday, December 30, 2011 1:43 AM

It seems that now-a-days it’s become common practice to charge “Convenience Fee’s” to your customer’s for things that used to be free, like paying your bill.  These companies tend to twist the truth around and wrap it all up in fancy writing with fancy words and make it seem like they are doing you, the consumer, a huge favor.  You can pay your bill online, or via the telephone or in person with a credit or debit card, but alas we will have to charge you a “convenience fee”.

Well for those of you that may have bought the bullshit they are saying about these fee’s, let me set the record straight.  They are not doing anything to help you, they are not doing anything to make things easier for you, they are simply finding a way to take what used to be a business expense and finding a new way to shove it down your throat and make you pay for it.

For those of you that don’t know, or don’t care for that matter, any business that accepts credit or debit card payments is assessed a special charge by the bank that issue’s the card for every transaction that company processes.  So when you go to wherever and make that payment via credit card, the credit card company charges the company a merchant fee for that transaction.  The fee is usually a percentage of the charge, i.e. .5%, 1%, etc, or a flat fee, i.e. $2.00, $4.00, etc.  The merchant fee is not set in stone, and is different for every merchant, it is based on the amount of money that merchant basically charge’s, and is and can be different for every merchant.

In times long past, since greed and corruption took over America, this was called “the cost of doing business”.  I know, because I ran a business for over 10 years.  I took credit and debit cards for payments, so I had to pay this merchant fee.  And since I was a small business that didn’t do thousands of dollars in charges, my merchant fee’s were pretty high, but I didn’t mind because it was THE COST OF DOING BUSINESS.

Today though, companies look for any way they can to make more money, because that bottom line is what their investor’s are looking at and the only thing they care about.  Being fare, being understanding, BEING HUMAN are a thing for the past.  If they can take these fee’s, which they have had to pay themselves for years, and somehow find a way to make the customer pay for them, then hell, it’s makes the bottom line look better. Yes the economy sucks, people are out of work, people are losing their homes, and we have to decide between putting food on the table for our children or paying that bill, but those companies need to make more money, so they will find a way to make you, the consumer, pay for it, whether you can afford it or not.

I’ve read and seen the arguments, those that say that companies still give you options to pay your bill’s for free, sending in a check, paying via your bank’s online check system, etc. Well sure, cause cashing a check doesn’t cost that business any money, but charging your credit card does, so make the consumer pay for it.

When I was running my business I had to sign a merchant agreement that stated I could not charge more for a credit card charge then a cash payment, in other words, I couldn’t force a convenience fee off onto the customer.  Things have changed, credit cards have become the norm, banks have steered us into becoming dependant on debit cards, so now the rules change and companies are finding new ways to make money.  Gas stations offering lower rates on gas if you pay by cash for instance.  It’s a way to avoid those convenience fee’s folks, a way to improve the companies bottom line.

The sad part, you don’t have much choice, we’ve become a country that is laughed at by the rest of the world because we are a country run my companies.  Our politicians no longer work for us but work for the company that pays them the highest. The old SCI-FI movies and books or a future where corporations run the world appears to be becoming a reality.  There is no middle class anymore, your either rich or poor, no in between.

In the end, I think we are as guilty as the companies that do this to us, because we’re let it happen.  We’ve been so obsessed with material things, with the almighty dollar, that we’ve handed over our future way of life to corporations.  I’ll continue to bitch and moan about it, because it’s my God given right and because in America we can bitch and moan about it.  At least until the corporations get the politicians' to change the constitution and make that illegal too. I guess that will be next.

To all your Occupy protestor’s, I’m with you and behind you 100%, I just pray to God someone starts to listen, and things start to change.

Happy New Year…………………………………………. not so much

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Corporate | General | Political | Thats just Wrong

Solving the AT&T T-Mobile Deal

by David Friday, September 16, 2011 1:36 AM

The Justice Department has sued to stop the merger of AT&T and T-Mobile, but chances are it will still happen since AT&T will ultimately payoff Congress and the whoever else they need to in order to get it passed.  Welcome to America.

Anyway, here’s a novel idea, hold AT&T accountable to their promises.

What’s going to happen in the end is, is that AT&T will have to make some “concessions”, but besides that, what about all the “good” things this merger is supposed to bring, like all those new jobs?  Well, hold them accountable.  Ok the merger, but then stipulate that they have 1 year or perhaps 2 years for all these promises of theirs to come to fruition and if they don’t, then you will be fined $1 billion dollars per year until you either rectify the situation or break up the company.

Stop stuffing money in your pocket, secretly giving the OK to crap like this, and facing the America public and saying “I’m working for you!”.  Try doing the right thing once, and oh, sometimes simple is the best way to solve a problem.

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Awesome | General | Political | Corporate

Corporate Boom Town

by David Friday, July 22, 2011 10:07 AM

Strong second quarter earnings for most of America’s top corporations.

Unemployment still high.

Corporations still laying off and not hiring.

Sometimes it ain’t worth getting out of bed.

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General | Political | Thats just Wrong


The opinions expressed herein are my own personal opinions and do not represent my employer's view in anyway.  (They might not represent anybody else's view either!)

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