Lukentel, is the merchant you know a low transacting site or remote from other ATMs? I believe $2.50 is too much of a hike this early on.
Two points to consider here if the 50 cent increase is across the network.
1. there will obviously be some kind of pro-rata sharing with the site so that factor will impinge on the expected extra revenue.
2.there will be a drop-off in usage, further reducing revenue to CUS
Since it almost certainly would be imposed without the prior agreement of the site owner, who would, in most cases not want it because there will be at least some drop-off in usage,
CUS is going to have a very offside site owner as well.
Not a good move imo
I understood the increase was to be 20 cents which would have been more wearable
I will try to find out what the pro-rata split is
OR.... just maybe, Tim is trying to impress a suitor!!!
imo
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