There is a nearly criminal racket that is very active and pervasive. Chances are, even you have taken part in it. The racket is called Rewards Cards. Have you ever wondered where the "rewards" that you get from your Rewards Card come from? Straight from the vendor where you bought your stuff. To pay for your rewards, the credit card companies take an extra percentage right off the top of the transaction. So by using the rewards card, you steal from the store you bought from and by extension if you steal, you are a thief. Sure, you get part of your money back which is cool, but the major beneficiary of this vile scheme is the credit card industry. You see, they don't pass all of the "rewards" on to you, they keep a chunk of them for themselves.
In the last few months, the rewards cards have been skimming an extra 2.5% right off the top of the transactions that I submitted here at work and there is absolutely no way to recover the money or to keep it from happening again. It is illegal for us to refuse credit card payment, to refuse rewards cards or even put a cap on how much people can pay with cards. So, if you want to steal from us, we are open for business. The only way we can avoid the racket is to stop offering credit card payment options or by charging an extra processing fee.
Do your merchant a favor and stop using your rewards cards. I'm sure places like Wal-Mart and Target have it figured out so they don't have to pay it but for the small businesses, it just hurts.
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