Is PG&E getting kickback's from "Visa",why don't they except other cards?

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2007-05-26 13:09:54 · 2 answers · asked by Anonymous in Business & Finance ➔ Personal Finance

They don't get kickbacks as such. Visa probably charges them a lower fee than other cards.

2007-05-26 13:19:30 · answer #1 · answered by STEVEN F 7 · 0⤊ 0⤋

They probably negotiated a lower "merchant discount" with Visa than they were able to get with other cards.

2007-05-27 00:14:16 · answer #2 · answered by Quixotic 3 · 0⤊ 0⤋