Quote:
Originally Posted by daffy4u
Correct. I don't have a problem with the charge but I do have a problem with multiple small hits to my credit card. I was charged 15 cents immediately instead of the old policy of accumulating $3 (which never happened) in charges before hitting the card.
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AFAIK, the credit card companies all charge a fee per transaction (ie, 30 cents) plus a small percentage of the sales price. Amazon may be big enough to force a special deal from the credit card companies, but unless they have such a deal, then these micropayments are costing them more money than they collect. If so, I assume that this is more about shaping consumer behavior than it is about making money.