CANADA GETS it RIGHT when it comes to PROTECTING MERCHANTS AGAINST EXCESSIVE CREDIT CARD TRANSACTION FEES. CANADA even has an OPT OUT OPTION!

Canadian lawmakers have decided to do what Congress in the United States pretended to do, which is actually protect their own businesses from out of control credit card merchant fees. Canadian Lawmakers are proposing a "Code of Conduct" for the Credit Card Industry and how they treat their small business merchants.

Companies such as Seven Eleven lead a fight in the United States against unfair credit card merchant/transaction fees. Transaction fees are the amount small businesses get charged every time you the consumer use your credit card.

In Canada, they are formulating a plan to help small businesses against excessive merchant/transaction fees. What is interesting about Canada's merchant/transaction fee bill of rights plan is that it actually includes, almost to the word, one provision that Daily-Protest.com has already been advocating for the past few months.

MERCHANTS SHOULD BE ABLE TO EXIT A CONTRACT WITHOUT PENALTY IF THE TERMS CHANGE...

Daily-Protest has been advocating that CONSUMERS SHOULD BE ABLE TO EXIT A CONTRACT WITHOUT PENALTY IF THE TERMS CHANGE!

Daily-Protest.com (a sister blog of Bloggers Against Chase Bank) recalls getting several Canadian hits in a short amount of time several weeks ago and wonders if perhaps, just perhaps, the highlighted provision came from reading Daily-Protest.com.

CHANGE IN TERMS.com has also been advocating the right to OPT OUT on the web since December of 2008, they too complained about Chase Bank's decision not to allow opt out to almost a million of their own customers.

Prior to that, On March 23, 2004, I personally wrote letters to EVERY ATTORNEY'S GENERAL in the United States and surrounding US territories complaining about terms changing with no OPT OUT clause by GM Card.

It would be proper for Daily-Protest.com or Change in Terms.com to be acknowledged and credited by the Canadians if they incorporated our ideas into the Canadian Merchant Fee/Transaction Credit Card Reform bill, however...

...The sad reality is the OPT OUT PROVISION IS a NO BRAINER that SHOULD ALSO HAVE BEEN INCLUDED in the CONSUMER CREDIT CARD BILL REFORM ACT that was recently signed into law in the United States!

HOW YOU CAN HELP! MAKE A DAILY-PROTEST.com sign and put it where others will see it. Daily-Protest.com signs can be placed in a storefront window, a bulletin board at work, or a countertop. Raise curiosity and awareness about how Chase Bank is harming a LOT of of their BEST customers by making a Daily-Protest.com sign.