Maybe you should inform him of the law as well as his Merchant Agreement
Maybe you should inform him of the law as well as his Merchant Agreement
my snap on guy is a weasel so it doesnt suprise me.
It baffles me that the government would be legislating that a business can't recover a fee imposed by a cc company. Oh wait, it doesn't baffle me. This is typical of our current legislation.
I don't pass on any fees to my customers but in a way it is really the cash customer that is being discriminated against. I should raise my prices 3% and give cash back to my cash customers. It's not feasible for me to really do that but I understand why some small businesses need to recover their 3% and try to motivate their customers to use cash. I know that I always take cash to the DMV because I don't want to pay the fee. I pay cash whenever I can at small mom and pop stores because I know they can't negotiate the cc fees that large corporations can and 3% can be a big deal to a small business. I also stopped using AMEX because they charge retailers, including me, almost 1% higher than Visa, MC and Discover.
In the end, we have legislation encouraging credit card debt and discouraging the use of good ole cash and a "don't spend what you don't have mentality." I wonder if the cc companies have any lobbyist who may have potentially influenced this legislation.
I don't pass on any fees to my customers but in a way it is really the cash customer that is being discriminated against. I should raise my prices 3% and give cash back to my cash customers. It's not feasible for me to really do that but I understand why some small businesses need to recover their 3% and try to motivate their customers to use cash. I know that I always take cash to the DMV because I don't want to pay the fee. I pay cash whenever I can at small mom and pop stores because I know they can't negotiate the cc fees that large corporations can and 3% can be a big deal to a small business. I also stopped using AMEX because they charge retailers, including me, almost 1% higher than Visa, MC and Discover.
In the end, we have legislation encouraging credit card debt and discouraging the use of good ole cash and a "don't spend what you don't have mentality." I wonder if the cc companies have any lobbyist who may have potentially influenced this legislation.
When i say Credit Card im talking about my debit card, and he still charges me extra. i rarely have cash on me.
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