When I asked my first question, you stated that one can still run a viable business without credit cards. We heard from the restaurant association, from RCC, and from CFIB that in most cases it's over 70% of their customers who are using either MasterCard or Visa. So is it not somewhat misleading, considering the fact that a portion of the interchange fee charged to merchants is for network branding, and that your issuers also pay a marketing fee that's allowing you to aggressively market the card brand to your consumers?
On May 14th, 2009. See this statement in context.