Quote:
Originally Posted by MELLO*SOS
would have to review the Mastercard, Visa, Amex, Disc and JCB terms of service. Sometimes they have rules against things like this because it discourages people from using their cards. While it's probably not illegal it might be in violation of their merchant account TOS.
They're trying to do this because with a $0.25 auth fee plus 3% of each transaction it's costing them an extra $1.50 to sell you $40 of fuel than if you paid with cash... Reminds me of all the people in the FS forum wanting + 3% for paypal LOL.
Unless you're working as a waiter or coke dealer who keeps enough cash on them to fill their tank? I always pay with my debit card...
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actually resturants and gas stations get a different merchant agreement then normal retail business's. when i ran a pizza restaurant we paid .75%-.95 on transactions no .25$ fee. gas stations probably have similar percentages maybe more in the .95-1.25% range. the pay at the pump might be higher due to customers not having to sign for it.
if your a business and you are paying 3% on a CC transaction you are with the wrong merchant company. i dont think im paying $.25 per transaction either more like $.15.
jon