Public wants more controls on credit cards: poll
Most Quebecers, like most Canadians, support tighter controls on the credit card industry, according to a survey released Friday by the Canadian Federation of Independent Business.
In Quebec, 48 per cent of respondents strongly supported more rules, while 34 per cent were somewhat supportive, nine per cent somewhat opposed and six per cent strongly oppose the idea.
Across Canada, 51 per cent of respondents said they strongly support tighter rules on how credit card companies treat card-holders and merchants. Another 31 per cent are somewhat supportive while six per cent are strongly opposed and eight per cent somewhat opposed to the idea.
The federation, which has been waging its own battle against Visa and MasterCard over fees charged to merchants, said the survey showed “small business owners are very much in step with the general public in wanting greater oversight on this industry.”
The telephone poll of 1,524 credit card holders across Canada was conducted by Environics Research between March 5 and 8. The results are considered accurate to within plus or minus 2.5 per cent, 19 times out of 20.
Montreal Gazette
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