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Surcharging: Credit Card Rates at 0%

Business owners have been complaining about the cost of credit card acceptance forever, and they usually blame their processor for the exorbitant fees.

Transcripts for CNN CNN Saturday Morning 20131221 15:26:00

and your credit card, you have a 30-day buffer there as opposed to the funds being debited directly out of the account if you re frauded with the debit card. in london, security breaches have gone down 30% because of the chip and p.i.n. tell us about that, and whether we could see more of that here in the u.s. and how that protects us. yes. so the rest of the world, particularly europe, including canada, has adopted a technology known as emv, chip and p.i.n., so instead of a magnetic stripe, it s a chip that stores your information. the major card brands are driving adoption of chip and p.i.n., we re lagging behind the rest of the world. they re driving that adoption by shifting the liability to the retailers on a schedule starting in late 2015 and extending into 2017 for different types of card transactions. so they re incentivizing the

Transcripts For CNNW CNN Newsroom 20120331

night, here it is again. our first number tonight is 46. that is followed by 23. up next, 38, that s followed by 4, the final is 2. for the mega ball, the number is 23. again, those winning numbers are 2, 4, 23, 38 and 46, mega ball is 23. let s go live to athena jones in baltimore, maryland are there more tickets out there? what do we know? reporter: according to state officials in maryland, they say the ticket sold here in baltimore county was one of several sold in counties nation-wide we re still waiting to hear where exactly the other tickets were sold. we know the mega millions is played in 42 states and d.c. and virgin islands, it could be anywhere. we do know in the state of california at least 29 people were able to match five of the six numbers so they won t get nearly as big a payout but we re told by california lottery officials will get $125,000 and $130,000. that is a far cry from the $640 million which by the way, randi, the biggest a new record jackpot

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