Merchants delusion- A Review of Shenzhen bank card dispute.doc

 PAGE \* MERGEFORMAT 4 Merchant’s delusion: A Review of Shenzhen bank card dispute Shenzhen, the business has been a very lively, bustling banking and business units in the dispute over the cost of the newspapers to argue at great length, what are the views of all. In fact, I think this is the problem, not the banks and the rate of costs between business units, but the question of competition between business units. Businessmen are businessmen, in the circulation of commodities to earn the flow of profits. Value of the goods of high and low, fixed costs are high or low, and they are not directly related to these should be undertaken by the consumer. Bank card 1% fee for merchants is also the fixed costs, like rent, like, like, like taxes, like the cost of purchases of goods, as are the businesses as part of fixed costs is borne by consumers, and merchants how much profit does not matter. Viewpoint of the business position, business competitors are other businesses rather than the bank. If the business together to reduce the point is to profit concession to consumers, expanding retail sales of society as a whole, it is reasonable. If the joint business purpose is to allow banks to joint profit concession out of these businesses, as they and other businesses, competition means, which is understandable. But they now say that allowing banks to reduce this one point is to ensure their own profits, which is evident from the truth. Even if a bank for all credit card merchants to avoid the costs, the profit margins of all businesses, an increase of one point out of thin air, there must be a point of business should start by lowering the price for this point out, and other business competitors. Everyone goes down, I also dropped, but finally put a point to come out, give the consumers, merchants will not have any contribution to profits. Because in the commercial area of Shenzhen, has long been a completely competitive market, and is still alive, merchants, are play