Happy New Year!

December 31, 2007

Why Blogging Is More Like Writing a Check, Then Using a Credit Card

December 30, 2007

We just launched a new blog site [“Tales From The World of Photo Scanning’] for ScanMyPhotos.com, our nationwide super-fast photo scanning service.  The idea came after one of the nation’s more well known technology reporters paid us a four-hour visit on Saturday; we scanned more than 4,000 of his pictures. 

The new blogwas his idea, but it also led to us asking this question: why is blogging free, yet electronic payment transactions cost billions?  Both use a network to transmit data, but, blogging is more like writing a check, where there are no illegally-based anticompetitive fees.  Sure, it is not a four-party network, but just look at Google’s stock valuation to identify how profitable providing this free service is.  Technology is making everything faster, less costly and more efficient, with the exception of merchant interchange fees, of which, MasterCard recently announced yet another fee increase.  Way to go MasterCard!

[commentary: WayTooHigh.com]

“EU Killing of Interchange Fees Won’t Help Customers” (Letters, WSJ)

December 28, 2007

Click here to read WSJ Dec 29 Letters from MasterCard Worldwide – subscription required.

We Pause to Remember The Life of Benazir Bhutto

December 27, 2007

The nation of Pakistan and the world lost a champion for democracy today.  Along with millions of people around the globe, we too pause in memory of former Pakistan premier Benazir Bhutto.