A blog on issues affecting Australia's newsagents, media and small business generally. More ...

Mastercard tells customers to use for a newspaper purchase

MastercardCheck out the outdoor ad from Mastercard sent to me by a colleague. Without reference to newsagents Mastercard is telling people in the streets it is okay to use Mastercard to purchase a newspaper.

With some newsagents making only 12.5% from the sale of newspapers and some Mastercard transactions costing 3% of purchase price, it is no wonder plenty of newsagents will not accept Mastercard for a newspaper purchase.

The folks at Mastercard ought to consult with small business newsagents before they run a promotion such as this.

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