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Most credit card merchant agreements prohibit merchants from offering a discount or lower price for paying in cash.
by infinite8s 10y ago
Most credit card merchant agreements prohibit merchants from offering a discount or lower price for paying in cash.
- icebraining 10y agoThose clauses were struck down in a settlement in 2012 following a lawsuit by merchants against Visa and Mastercard: http://www.nytimes.com/2012/07/14/business/mastercard-and-visa-settle-antitrust-suit.html http://www.nytimes.com/2012/07/14/business/mastercard-and-vi...
- Blackthorn 10y agoHere in New York State you see all sorts of merchants with lower prices on items in cash. Saw the same in California when I lived there as well.