Comments on: Radiohead 2008 touring plans surface http://www.zmemusic.com/rock/alternative/radiohead-2008-touring-plans-surface/ ZME Music blog: news, reviews and features Mon, 07 Jul 2008 03:13:41 +0000 http://wordpress.org/?v=2.5.1 By: Interrobanger http://www.zmemusic.com/rock/alternative/radiohead-2008-touring-plans-surface/#comment-774 Interrobanger Fri, 19 Oct 2007 16:52:11 +0000 http://www.zmemusic.com/electronic-music/radiohead-2008-touring-plans-surface/#comment-774 Funny thing is, even if they end up losing money, the credit card companies will nonetheless make a killing -- unless everyone pays zero, which they're not. (I paid.) That 45p is a fee known to anyone with a merchant credit card account. It's called the interchange fee and it's very controversial in retail circles. I work for a merchant group on the issue, or I might never have heard about it. And I'm glad Radiohead went this route, because even if they couldn't stick it to the card-issuing banks as well, they have at least drawn some attention to it. Funny thing is, even if they end up losing money, the credit card companies will nonetheless make a killing — unless everyone pays zero, which they’re not. (I paid.)

That 45p is a fee known to anyone with a merchant credit card account. It’s called the interchange fee and it’s very controversial in retail circles. I work for a merchant group on the issue, or I might never have heard about it.

And I’m glad Radiohead went this route, because even if they couldn’t stick it to the card-issuing banks as well, they have at least drawn some attention to it.

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