Just had my yearly car maintenance at the local VW shop. They’ve started passing on the credit card processing fees to the customer. It’s only like 3 or 4%, but it made me use a debit card instead of a CC. Guess that’s where we’re at now.
I think a law passed allowing businesses to do this now. Before they were bound by their agreements with pay processors. Typically they allowed a discount for cash, but not an extra charge for credit. The whole “$10 minimum for credit cards” wasn’t supposed to happen, either.
Now the payment processors aren’t allowed to enforce that type of rule.
Source: I read a similar comment elsewhere on the internet a couple of years ago, and that’s what I remember from it.
Just had my yearly car maintenance at the local VW shop. They’ve started passing on the credit card processing fees to the customer. It’s only like 3 or 4%, but it made me use a debit card instead of a CC. Guess that’s where we’re at now.
I think a law passed allowing businesses to do this now. Before they were bound by their agreements with pay processors. Typically they allowed a discount for cash, but not an extra charge for credit. The whole “$10 minimum for credit cards” wasn’t supposed to happen, either.
Now the payment processors aren’t allowed to enforce that type of rule.
Source: I read a similar comment elsewhere on the internet a couple of years ago, and that’s what I remember from it.