Credit and debit card transaction fees at my local store

[gdtobefree]

I noticed a sign on the register today that they will now be charging a transaction fee of $3.00 for EVERY CC or DC transaction

 

So, if I go buy a soda and a pack of smokes it will cost me 6.32 PLUS 3.00 from now on!!!!!!!!!!!! I DON'T THINK SO!!!!!!!! Guess who will NOT be going back to that store?

It is ashamed, I have been going to that store for 30 years

[jack1212]

I think you just opened the gates to........

[hurricanesfans27]

you should go then file a dispute with your credit card or debit card provider

[greywolf]

Also file a complaint with the networks, Visa and MC.

[hegemony]

that is a good way to lose business. many merchants have a habit of this.

[greywolf]

Every 7-11 in my area does that (min. purchase, and a fee), and I reported them all. It is insulting as a business owner, to see other business owners not honoring their contacts.

[frank22]

I am for the rights of the small business to try to recoup the costs of the small credit card purchases. I think the people that expect to be able to charge small purchases and have the small merchant take a loss is kind of selfish. I know this is a can of worms especially here where even the small business is expected to do our bidding and credit card acceptance is built into our imaginary bill of rights.

 

However, that fee is way too large, and actually shows a lack of intelligence. He should just have a $10 minimum. I know this is against the agreement the merchant has with the CC company.

 

 

What he is charged for each transaction is normally something like $.60 a transaction plus 3%. $3 is profit and I don't think it is fair to try to make a profit on it like this. I think he might be thinking he has few purchases and he wants these transactions to pay for his machine lease and account fees. He is efing crazy. I actually think he SHOULD have a right to try(I know about the CC contract), but we have a right to tell him he is crazy and to shop somewhere else.

 

There must be more to this story. This guy is probably off his rocker in many ways. I don't think I would shop there even if I wanted to pay cash.

 

Prediction: This is a short lived policy. That sign will be more headache to him than it is worth. Especially if he expect the policy to pay for his fees, lease or his daughters lunch, because his credit sales will drop to zero and his cash sales will drop 10% just to spite him. In THIS case it would be deserved.

Edited September 7, 2009 by frank22

[ademas]

you should go then file a dispute with your credit card or debit card provider

 

Does this work?

 

I've tried the other route (i.e. complaints to the VISA/MC networks), and it doesn't change a thing.

[frank22]

Maybe he is an immigrant and is being taken advantage of by the processing company? His fee could be just a huge sleazy ripoff and he doesn't know any better and feels he is just passing it on? I don't know there just has to be more to this......

Edited September 7, 2009 by frank22

[hurricanesfans27]

you should go then file a dispute with your credit card or debit card provider

 

Does this work?

 

I've tried the other route (i.e. complaints to the VISA/MC networks), and it doesn't change a thing.

 

then that would be the way i would go.. a few charge offs will either convince him to drop the fees or drop the cards one of the two.

[Lynn37]

I would rather be a Weirdo in walmart dressed in slippers and PJ's than to pay that fee.

[EastRidge]

I noticed a sign on the register today that they will now be charging a transaction fee of $3.00 for EVERY CC or DC transaction

 

So, if I go buy a soda and a pack of smokes it will cost me 6.32 PLUS 3.00 from now on!!!!!!!!!!!! I DON'T THINK SO!!!!!!!! Guess who will NOT be going back to that store?

It is ashamed, I have been going to that store for 30 years

Don't buy the smokes.

 

Regarding the fee, how about taking orders from the

first ten people in line ... buy their shopping lists and

redistribute outside the store for a mere $1 per buyer.

 

Competition drives down inflated prices.

 

ER

[GEORGE]

I noticed a sign on the register today that they will now be charging a transaction fee of $3.00 for EVERY CC or DC transaction

 

So, if I go buy a soda and a pack of smokes it will cost me 6.32 PLUS 3.00 from now on!!!!!!!!!!!! I DON'T THINK SO!!!!!!!! Guess who will NOT be going back to that store?

It is ashamed, I have been going to that store for 30 years

REPORT THEM

 

Do they have the $3.00 FEE AS A LINE ITEM???

[GEORGE]

I would shop there 20 times a week and dispute $60 a week in seperate disputes

 

[crazymonkeycat]

I noticed a sign on the register today that they will now be charging a transaction fee of $3.00 for EVERY CC or DC transaction

 

So, if I go buy a soda and a pack of smokes it will cost me 6.32 PLUS 3.00 from now on!!!!!!!!!!!! I DON'T THINK SO!!!!!!!! Guess who will NOT be going back to that store?

It is ashamed, I have been going to that store for 30 years

 

Really? $6.32 for a soda and cigarettes? Holy cow. I just quit smoking (9th day today, feel like death) and one of the reasons (though the main one was I couldn't breath) was because a pack of cigarettes is $8 and some change here. I would get a pack and a soda for just about $10 at 7-11. Sigh. I think of the money I've wasted over 13 years....

 

</threadjack>

[mysticspirit25]

Walmart did the same thing ago (sorta) a few years ago around Christmas time, they were asking for ID with every credit card purchase, regardless if the card was signed, I refused and got the police and security involved, I swiped my card got an approval, and bagged myself, when they asked for ID, I asked why b/c they had an automated approval and sigs matched, they said "local policy", i said I am not showing ID and I am leaving with my merchandise, LP and security tried to stop me and put their hands on me while I was leaving, I called 911, pressed charges for assault against store LP, and luckily I had the letter from VISA/ MC (I reported them a week prior and had it with me knowing this would happen) and the VISA and MC letter said it is prohibited to ask for ID unless it was a "code 10/suspicious transaction" or the auth response requested sig. I showed that to the police and they let me go, arrested the LP staff, and I sued Walmart for harassment, assault, and misc. damages, they gave me $50k and politely asked me not to shop there anymore, I dropped the charges against the individuals,only after they agreed to additional civil restitution of $2500 a piece, and Walmart removed the signs and the manager got fired.

 

So yes, call 1-800-visa-911 and report them, they will send you a letter and I forget the MC phone # but they will send you a letter to as your ammo...merchants CANNOT do this, and you will win ANY dispute you may have.\

 

Yes, I knew they had this policy and deliberatly set them up knowing the police and LP would be involved, but hey, I made 55k for their violations of their contract.

[hurricanesfans27]

I never got a letter

[Rorer_714]

Yes, I knew they had this policy and deliberatly set them up knowing the police and LP would be involved, but hey, I made 55k for their violations of their contract.

[ene82]

I never got a letter

 

I never got a letter either.

[CTSoxFan]

Where is Continental when you need him??

 

 

NO MIN

NO MAX

NO ID REQ

NO FEES

[improper_validation]

As other posters have suggested, call 1-800-VISA-911 and file an incident report. Get everyone you know who has seen the sign do the same(assuming they have a visa card).

[gdtobefree]

Would ya'll actually dispute 3.00 charges 15-20 times a month?

 

The owner is American, born and raised in our home town. This does seem like something you know how would do.

 

I agree 3.00 is too high

 

The owner explained it as, the CC company that processes the transactions and sends them to his bank for the deposti is charging him a higer fees per transaction, I told him to find another company to deal with.

[ene82]

Would ya'll actually dispute 3.00 charges 15-20 times a month?

 

The owner is American, born and raised in our home town. This does seem like something you know how would do.

 

I agree 3.00 is too high

 

The owner explained it as, the CC company that processes the transactions and sends them to his bank for the deposti is charging him a higer fees per transaction, I told him to find another company to deal with.

 

I think this is what is normally known as the cost of owning and operating a business. If he doesn't like it maybe he should try doing something else.

[RacerX780]

The owner explained it as, the CC company that processes the transactions and sends them to his bank for the deposti is charging him a higer fees per transaction, I told him to find another company to deal with.

 

Or stop accepting CCs. It's part of business. If you wanna take CCs, you gotta pay the fees. I used to have a merchant account for my business and I got tired of paying their fees, so I just stopped accepting cards. I hardly got a request for them, so it didn't hurt me any, but if my customers wanted to use their cards, I would have two options. Ditch the customers or pay the fees.

 

It could be $0.50 and it's still not acceptable. The merchant agreement says you can't do it.... so don't do it. Pretty black and white.

 

 

-R

[gdtobefree]

Would ya'll actually dispute 3.00 charges 15-20 times a month?

 

The owner is American, born and raised in our home town. This does seem like something you know how would do.

 

I agree 3.00 is too high

 

The owner explained it as, the CC company that processes the transactions and sends them to his bank for the deposti is charging him a higer fees per transaction, I told him to find another company to deal with.

 

I think this is what is normally known as the cost of owning and operating a business. If he doesn't like it maybe he should try doing something else.

 

I agree and that is what I told him