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Old 30th Dec 2009, 22:55
  #288 (permalink)  
kestrel757
 
Join Date: Feb 2008
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Barbies B

I am certainly not giving E-Clear "the benefit of any doubt". My comments were simply made in answer to you comment that suggested you thought ALL credit card companies were greedy bast$rds and quoting misleading margins well above what most airlines actually pay. It remains to be seen why Globespan chose to use an intermediary provider like E-Clear rather than one of the mainstream card processors.

When it comes to greed with credit card processing it is often the airlines, tour operators or travel agents who charge pax more that it is costing them, far more in some cases such as Ryanair who will typically pay 1% but then charge £5 per passenger, giving them a massive markup on most of their flights.
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