Re:Uber is charging passengers a $10 cancellation fee even w...
by qeternity on Thursday March 23, 2017 @11:43AM
(#13940755)
The credit card market is a huge money maker and incredibly competitive. Have you seen the bonuses that US banks offer?
Re:Uber is charging passengers a $10 cancellation fee even w...
by waqf on Thursday March 23, 2017 @12:27PM
(#13941256)
Yes, but I don't think they're competing on refund policy. It sure isn't what's in large print in the ads, and besides, the policy is mostly dictated to them by the credit card network (which isn't so competitive, it's largely a Visa/MC duopoly) and by legislation (which isn't at all competitive).
Re:Uber is charging passengers a $10 cancellation fee even w...
by qeternity on Thursday March 23, 2017 @05:23PM
(#13944447)
What? Of course they are. If I felt like my credit card didn't have my back on the chargeback policy, then I'd be far more likely to go to a competitor. It may not be what's on the ads, but you do realize customer retention is a huge part of competition, not just customer acquisition.
(Also, what's with that weird US regulation about a purchase having to be "within my home state or within 100 miles of my home" to be eligible for some credit card protections?)