I've never seen a statement on the cost, since I've never been in the business. Could you provide the committee with an example of a statement? You can black it out if you need to. Do you have a copy with you? If you have one, leave it with the clerk. I'd like to see that circulated. I'd like to have it when we talk to our friends from Visa and MasterCard.
One issue I want to talk about briefly is the opportunity to take cash. In some businesses it can be difficult--hotels and airlines. I understand--don't get me wrong--but there is that opportunity. One of the credit card companies tells me that merchants are free to offer discounts to consumers who pay with cash.
Is that an accurate statement? Could you, in your restaurant or retail store, have a sign saying that if you pay in cash the item will be 2% cheaper? I understand they make you sign an agreement saying you can't do that.