2007-02-09 14:52:06 · 9 answers · asked by fred_colis 1 in Business & Finance ➔ Credit
Yes, because it costs the merchant money to accept credit cards (they have to pay for each transaction).
2007-02-09 14:55:58 · answer #1 · answered by Moxie Crimefighter 6 · 0⤊ 0⤋
The standard merchant agreement for Visa/Mastercard specifically forbids adding the cost of a credit transaction onto the customer's total charges due, but it could in theory be modified to allow that to take place. If a merchant operates under the standard contract with Visa/ Mastercard and they pass on the cost of the credit card transaction as a seperate charge then they are in breach of contract with the organization that provides their service. If you see a charge on your sales receipt that clearly identifies a charge for a credit transaction, call the merchants service provider and inform them of the charge. Merchants may, however, pass on the cost to all of their customers and provide a discount to cash customers. There is nothing that you could do to the store except report them to their service provider for breach of contract. But, remember that it is possible that the merchant has a non-standard contract and you have to call the company that processes the credit cards for the merchant. And, this only holds in the USA, I'm not sure about the applicability of my answer in other countries.
2007-02-09 15:09:11 · answer #2 · answered by nathanael_beal 4 · 1⤊ 0⤋
yes, i believe they can charge you pretty much whatever they want as long as they notify you that you will be charged, and then have the choice to go forward with the transaction or not. companies incur processing fees and other costs in order to be able to accept credit cards as payment. some establishments will compensate for that by charging a fee added onto your transaction. even though its frustrating, it is a legitimate business practice
2007-02-09 15:05:17 · answer #3 · answered by ~ Mi$fitPrin¢ess ~ 3 · 0⤊ 0⤋
I think so. Especially bad are foreign country transaction fees--I got charged like 50 dollars to buy a plane ticket in London!
2007-02-09 14:55:13 · answer #4 · answered by sarcastro1976 5 · 0⤊ 0⤋
that's my understanding that that's no longer criminal. they can grant a chit to those who pay money, yet they might no longer charge you greater for paying with a mastercard in the event that they settle for credit playing cards. confident, the mastercard organization costs the HOA a cost; of course. And the HOA takes credit playing cards in all probability via fact people who can not locate the money for to pay their costs consistently can positioned them on a mastercard, so a minimum of the HOA is getting maximum of their money. call your mastercard organization and communicate it with them. they might help be conscious of what their coverage is on retailers charging costs.
2016-12-17 06:27:33 · answer #5 · answered by ? 4 · 0⤊ 0⤋
Yes it is as long as you're told in advance and agree to the charge.
2007-02-09 14:55:18 · answer #6 · answered by Trevor 7 · 1⤊ 0⤋
I'm not positive but I do think it is legal if they tell you about it before hand.
2007-02-09 15:00:41 · answer #7 · answered by Killer Klingon 3 · 1⤊ 0⤋
yes
2007-02-09 14:55:45 · answer #8 · answered by Cheryl 2 · 0⤊ 0⤋
yes a bunch of people do and it pisses me off...lol
2007-02-09 15:00:21 · answer #9 · answered by undercovernudist 6 · 0⤊ 0⤋