Are you tired of stores trying to charge extra, for minimum purchases?

[tedjones666]

Don't you hate it when you go to a party store, or alike, and you spend only $5, or $10 and they say, we will charge you a dollar extra or so, if you don't spend at least that much with your credit card?

 

REPORT THEM, It's a violate of VISA and MASTERCARD to charge any extra fees, and to have a minimum purchase requirement.

 

I will give you the link if you need it!

[improper_validation]

Report them and file a chargeback for the "fee."

 

It is illegal in some states.

[Curve_Soul]

I agree, fill out the report and file it as well as the chargeback fee. Please post the link(s) if you have them!

[VEEVEE]

Can you add that link ? I have three gas stations in my community that all have signs at the register that say you must spend the minium of (five dollars ) if you use a credit/debit card.

[GEORGE]

Don't you hate it when you go to a party store, or alike, and you spend only $5, or $10 and they say, we will charge you a dollar extra or so, if you don't spend at least that much with your credit card?

 

REPORT THEM, It's a violate of VISA and MASTERCARD to charge any extra fees, and to have a minimum purchase requirement.

 

I will give you the link if you need it!

NO MINIMUM TO USE A CREDIT CARD

 

NO MAXIMUM TO USE A CREDIT CARD

 

NO FEE TO USE A CREDIT CARD

 

NO ID REQUIRED ON A SIGNED CREDIT CARD

[trickonion]

NO ID REQUIRED ON A SIGNED CREDIT CARD

 

Some states allow this Washington does. Turns simple CC fraud into the potential for Identity Theft. Feels bad, man.

Edited March 8, 2010 by trickonion

[GEORGE]

NO ID REQUIRED ON A SIGNED CREDIT CARD

 

Some states allow this Washington does. Turns simple CC fraud into the potential for Identity Theft. Feels bad, man.

STATE LAW DOES NOT OVER-RULE CREDIT CARD POLICY

 

FEEL FREE TO ASK TILL THE COWS COME HOME

 

I SAY NO...THE MERCHANT BACKS OFF...I DON'T

 

It is still a violation to require ID to complete the sale

 

ALLOW and REQUIRE...two different words

 

They allow it...the law doesn't require it

Edited March 8, 2010 by GEORGE

[hjm331]

When you're charging $2.00 on your credit card, the credit card fees chew up the profit for the merchant. How is that for the merchant? After all, they are in business and need to make a living.

[frank22]

When you're charging $2.00 on your credit card, the credit card fees chew up the profit for the merchant. How is that for the merchant? After all, they are in business and need to make a living.

 

Yeah, put yourselves in their shoes a little. The banks have made the merchant the bad guy in this, and many board members are happy to comply, but do you really want to be doing the banks bidding? These fees have been going up, it is real easy for the banks to raise the price because the merchant can't directly charge the person incurring the fees, they have to spread it out over everybody. It is great for the banks, bad for the merchants and bad for us.

 

Yes, it is a tax deductible cost of business, but that applies to every cost and costs need to be managed, especially fees that if applied to individual transactions would end up as losses.

 

I am not going to go crazy with this because it is a fairly worthless discussion here, but I think new members might not get the full picture if the other side isn't also mentioned. It is a thankless task, but I pay my dues..............

 

 

You can get an idea here:

 

http://creditboards.com/forums/index.php?showtopic=409150

 

http://creditboards.com/forums/index.php?showtopic=413467

Edited March 8, 2010 by frank22

[centex]

don't we have a forum dedicated to this?

 

Really surprised it has not been moved already...

[hinklesc]

When you're charging $2.00 on your credit card, the credit card fees chew up the profit for the merchant. How is that for the merchant? After all, they are in business and need to make a living.

 

Then they should have not went into business, or if the fees are that much only accept checks/cash; in which case I will avoid.

[trickonion]

STATE LAW DOES NOT OVER-RULE CREDIT CARD POLICY

 

Actually, investigating now.

Edited March 8, 2010 by trickonion

[GEORGE]

YOU CAN'T AFFORD THE FEES

 

DON'T TAKE CREDIT CARDS

 

PROBLEM SOLVED

 

(although your customer base is not that great when you refuse to take credit cards)

[GEORGE]

I HOPE THEY DON'T HAVE A PUBLIC RESTROOM...somebody might flush the toilet and wash their hands

 

That costs money too

[tedjones666]

I feel the same way, If they don't want to pay the fees, don't except them don't make us pay for the crap your writing off anyways..

 

Mastercard

 

http://www.mastercard.com/us/personal/en/c...violations.html

 

American Express

 

https://www152.americanexpress.com/EformsWe...et&origin=6

 

Visa

 

Phone Number: 1-800-VISA-911 (International: 1-410-581-9994) and you can also call the number on the back of your card

 

It seems like it's only the foreign people in my state that do this, yet they get away with it all the time.

[hegemony]

It seems like it's only the foreign people in my state that do this, yet they get away with it all the time.

 

HOW DO YOU KNOW SOMEONE'S NATIONALITY?

[Minnesota]

When you're charging $2.00 on your credit card, the credit card fees chew up the profit for the merchant. How is that for the merchant? After all, they are in business and need to make a living.

 

Yeah, put yourselves in their shoes a little. The banks have made the merchant the bad guy in this, and many board members are happy to comply, but do you really want to be doing the banks bidding? These fees have been going up, it is real easy for the banks to raise the price because the merchant can't directly charge the person incurring the fees, they have to spread it out over everybody. It is great for the banks, bad for the merchants and bad for us.

 

Yes, it is a tax deductible cost of business, but that applies to every cost and costs need to be managed, especially fees that if applied to individual transactions would end up as losses.

 

I am not going to go crazy with this because it is a fairly worthless discussion here, but I think new members might not get the full picture if the other side isn't also mentioned. It is a thankless task, but I pay my dues..............

 

 

You can get an idea here:

 

http://creditboards.com/forums/index.php?showtopic=409150

 

http://creditboards.com/forums/index.php?showtopic=413467

 

Personally, I don't think store owners are doing a good job. I think they all use the "poor me" attitude.

 

Why not give a cash discount? If you charge $2.00, and they paysay .35 cents ( I have no clue of actual fees) why not offer a discount of 20 cents to pay with cash? It may not be much, but if you trained your cashiers, and had a system in place, word would get out? If it was a $10 charge, they could offer $1.00 or .75 cents off???

 

Seems like they should work the system better? I could be wrong as I don't run a store, but just making coversation.

[tedjones666]

They don't do that for the fact most stores are lucky to profit 25 cents on the dollar, most items are in the 15 cents to a quarter, so they will profit nothing.

[frank22]

When you're charging $2.00 on your credit card, the credit card fees chew up the profit for the merchant. How is that for the merchant? After all, they are in business and need to make a living.

 

Yeah, put yourselves in their shoes a little. The banks have made the merchant the bad guy in this, and many board members are happy to comply, but do you really want to be doing the banks bidding? These fees have been going up, it is real easy for the banks to raise the price because the merchant can't directly charge the person incurring the fees, they have to spread it out over everybody. It is great for the banks, bad for the merchants and bad for us.

 

Yes, it is a tax deductible cost of business, but that applies to every cost and costs need to be managed, especially fees that if applied to individual transactions would end up as losses.

 

I am not going to go crazy with this because it is a fairly worthless discussion here, but I think new members might not get the full picture if the other side isn't also mentioned. It is a thankless task, but I pay my dues..............

 

 

You can get an idea here:

 

http://creditboards.com/forums/index.php?showtopic=409150

 

http://creditboards.com/forums/index.php?showtopic=413467

 

Personally, I don't think store owners are doing a good job. I think they all use the "poor me" attitude.

 

Why not give a cash discount? If you charge $2.00, and they paysay .35 cents ( I have no clue of actual fees) why not offer a discount of 20 cents to pay with cash? It may not be much, but if you trained your cashiers, and had a system in place, word would get out? If it was a $10 charge, they could offer $1.00 or .75 cents off???

 

Seems like they should work the system better? I could be wrong as I don't run a store, but just making coversation.

 

There is a provision for a discount, and there is more info somewhere in the links(a needle and a haystack, I know), but from what I have read(and I don't have a source now), the bank lobby made the rules so difficult that it is not practical, something like each item would have to have to a separate price for credit and cash. They cannot offer a straight across the board percentage. Even those merchants who think this is an important issue don't do it because of the impracticality.

 

Where do you get the poor me attitude? Most consumers aren't even aware of the issue. The "poor me attitude" is just a negative connotation of them stating their case. What would you have them do? Spin it how you like, but they are dammed either way.

[GEORGE]

They don't do that for the fact most stores are lucky to profit 25 cents on the dollar, most items are in the 15 cents to a quarter, so they will profit nothing.

THEN FIND A NEW LINE OF WORK

[hegemony]

They don't do that for the fact most stores are lucky to profit 25 cents on the dollar, most items are in the 15 cents to a quarter, so they will profit nothing.

WHAT ABOUT THE FOREIGNERS????? XENOPHOBIA SUCKS!!!!!!!

[GEORGE]

TAX DEDUCTABLE COST OF DOING BUSINESS

[frank22]

TAX DEDUCTABLE COST OF DOING BUSINESS

 

Ha Ha

Edited March 12, 2010 by frank22

[frank22]

TAX DEDUCTABLE COST OF DOING BUSINESS

 

 

From my post ABOVE:

Yes, it is a tax deductible cost of business, but that applies to every cost and costs need to be managed, especially fees that if applied to individual transactions would end up as losses

 

One of George's rote statements that have little regard for reality. I guess he doesn't read anything by anyone he doesn't agree with. Kind of funny. Doesn't matter, he will keep on repeating it to the cows come home. Why would this cost be any different than another as far a a businessman wanting to control it? And every costs is tax deductible!!!! Nonsensical.

Edited March 12, 2010 by frank22

[radi8]

TAX DEDUCTABLE COST OF DOING BUSINESS

 

 

From my post ABOVE:

Yes, it is a tax deductible cost of business, but that applies to every cost and costs need to be managed, especially fees that if applied to individual transactions would end up as losses

 

One of George's rote statements that have little regard for reality. I guess he doesn't read anything by anyone he doesn't agree with. Kind of funny. Doesn't matter, he will keep on repeating it to the cows come home. Why would this cost be any different than another as far a a businessman wanting to control it? And every costs is tax deductible!!!! Nonsensical.

 

Just because a cost is "tax deductible" doesn't mean it doesn't cost the merchant money. Tax deductions don't result in 100% recovery.

Instead they merely reduce your taxable income- which may put just a fraction of the deductible costs back in your pocket.