Better Know Consumer Right

NOWADAYS most of us are using credit card to make cashless shopping spree around. It make our life easier, not only we avoid to carry a lot money but safer to go around. In past, we have to carry a fat wallet around and needed to worry for robbery or lost it. With those cash card now, we have effectively remove such worrisome. As a consumer, I find it so convenience to use it despite there are some risks such as stolen and use pin for online shopping. But it is worthy if we think of countless advantage.

I am glad to read a news yesterday that my fellow citizens are likely to use those credit cards earliest by 2013. As our country open up, it is inevitable to put it aside if we are to develop as much as possible. The whole world has utilized those cards for several decades now. It proof it is worth to use by consumers. I always wonder how those card servicing companies survive before. The answer come with local newspaper yesterday. The news is actually adverse one rather than good. It said, some retailer or traders prefer to get cash than cards. They are annoying to see people use cards even for those daily necessity small expenses. It make them go longer process to eventually get the cash after less for transaction fees. Some retailers even offer rewards to those customers who pay by cash. The title itself explain that "Cash remain King", especially for traders or retailers. Why?

They have to bear transaction for those card users. Visa and Master Cards take 2% of transaction amount while American Express charge even more at 3.3%. No wonder retailers prefer cash. But the article highlighted that most of consumers don't know that some retailers are violating by urging for cash only. The author said, the consumer has the right to lodge files if they are denied to use credit cards by trader or retailers. As a seldom credit card user, I also didn't know about that. I usually pay either cash or net for my shopping here despite my ATM card come together with Master. Anyway, I think it is good to know the right of consumer with regard to those credit cards today. Now I know, it is not recommended way if my card is denied or rejected by any retailers or trader for my purchase. Some said customer has to spend certain amount if he/she wants to use credit card. It is also not complying the rule. But we all these days experience such things if it is not for total reject.