[Boatanchors] ebay Noose Tightens.

[Sheldon Daitch]

 From a legal perspective, vendors are not supposed to add to the price, 
for the use of a
credit card.  That may violate the agreement the vendor makes with the 
credit card
company.

See:

http://usa.visa.com/download/merchants/rules_for_visa_merchants.pdf

See page 10:

"Always treat Visa transactions like any other transaction; that is, you 
may not
impose any surcharge on a Visa transaction. You may, however, offer a 
discount
for cash transactions, provided that the offer is clearly disclosed to 
customers
and the cash price is presented as a discount from the standard price 
charged for
all other forms of payment."

Now, let's be honest, from a practical standpoint, a discount for cash 
still means
the credit card buyer is paying more for the use of the card, but it 
seems, from the
credit card agreement, the vendor has to make sure the "quoted" price is 
the
credit card price, but we offer a cash discount.

73
Sheldon



Roscoe Primrose wrote:
> On 11/16/08 10:07 PM, WA5CAB at cs.com wrote:
>> One of two ways guaranteed to get you kicked off of PayPal or to have 
>> your Merchant Account canceled is to get caught charging more to a 
>> customer who uses a credit card than to one who doesn't.
>>
> I don't know about PayPal, but EVERY vendor I've seen at computer 
> shows charges more if you use a credit card...
>
> AJ4LL
> -- 
> "The tree of liberty must be refreshed from time to time with the blood of patriots and tyrants. It is it's natural manure." 
> Thomas Jefferson, 1787.
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