Chase becomes more transparent by becoming less transparent
Sometimes you just have to stand back from all the negative news about Chase and laugh. It is really quite hilarious what they do at times.
Like this latest letter Chase’s Paymentech subsidiary sent to customers, under the guise of being even more transparent with its customers about its merchant processing fees. Even one recipient of the letter, a lead plaintiff in the lawsuit against Visa and MasterCard, can’t understand what they are trying to say.
That BankSimple concept we wrote about a few days ago is looking better and better.
Bad bad Chase, Fees & charges, Legal & regulatory | admin June 8, 2010
