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Credit card companies must stop profiting from disaster.
Major credit card companies take a big cut from donations to charitable organizations as "transaction fees." This is money desperately needed by survivors of the earthquake in Haiti, refugees in Darfur displaced by war, and right here at home to feed Americans in need.
Send a strong message to Visa, MasterCard, & other major credit card companies: Every penny of a charitable donation must reach the people who need it most. Sign below!
To Joseph Saunders, CEO of Visa, Inc.; Robert Selander, CEO of MasterCard, Inc.; David Nelms, CEO of Discover Financial; and Kenneth Chenault, CEO of American Express:
I am outraged to discover that for each charitable donation I make with my credit card, your company takes up to 3% for "transaction fees". The $250 million that your companies receive annually through these fees alone are intended for people in need, particularly in times of crisis like the one in Haiti right now.
You have no right to this money. Put 100% of donations back in the hands of the people and groups intended to get it. Waive all fees, for all donations to legally recognized charities, for all time. Listen to your customers — it's time to stop profiting from suffering.
Signed,