Would you agree that the interchange rate is currently being borne by the merchant but that it is passed on to the consumer without the latter being aware of it?
If these interchange fees were paid by the consumer rather than the merchant, do you think that credit card utilization practices would change? In other words, would there be a reduction in the use of credit cards because consumers would be paying for that rate directly? Consumers are paying anyway. Merchants are paying it but in reality they pass it on to the consumer.
Do you understand my question?