Quote:
Originally posted by MattO
There seem to be several avenues opening up with some banks as of late... maybe they smell something cooking?
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People need and want options. You can't have an environment were there are only 1 or 2 choices for processing. That creates monopolistic business practices, gouging, bad customer service, too much control in one company's pockets, etc.
Competition ensures everyone has to bring the lowest price to the table, good service, good support, etc. if they want to stay competitive.