On Tue, 3 Oct 2006 16:18:06 -0400, you wrote:
>he means as in a discount for cash or a fee for using credit - it's
>prohibited by the TOS a merchant accepts when he applies for a
>merchant account. The only exception is goverment and some public
>utilties - they can pass the fee to the customer.
>
>The also can't set minimum purchases to use credit cards either.
>
>
>On 10/3/06, Harondel J. Sibble <[EMAIL PROTECTED]> wrote:
>
>> I seriously doubt that. I suspect that most sellers base the pricing on the
>> act that they have to pay visa, amex, mc 1-2% and accordingly make their
>> selling price enough to cover those costs. You don't actually believe a
>> business would give money away do you, which is effectively what you are
>> suggesting.
>
>
Over here in the UK the card companies took a client to court for giving a
discount for cash but lost when the Board of Trade stepped in and said that
merchants can make a charge for card use equal but not more than that charges to
them by the card companies. So basically it Legal in the UK to charge but not
to discount - I think Euroland is similar.
Sir Hugh of Bognor
The difference between men and boys is the price of their toys.
Intelligence is not knowing the answer but knowing where and how to find it!
Hugh Gundersen
[EMAIL PROTECTED]
Bognor Regis, W.Sussex, England, UK
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