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Yes. The Durbin amendment specifically prohibits processors from restricting you from offering a discount for payment by other means.[1] What you found on the n
by abalone 10y ago
Yes. The Durbin amendment specifically prohibits processors from restricting you from offering a discount for payment by other means.[1] What you found on the net probably is out of date.
Incidentally it also regulates debit interchange down to practically nothing. Processors like Stripe are making a killing on debit. Try to find one that does "interchange plus" pricing, and then you can accept debit at no additional cost to your customers.
[1] see p7 http://blog.legalsolutions.thomsonreuters.com/wp-content/uploads/2011/10/durbin_amendment.pdf http://blog.legalsolutions.thomsonreuters.com/wp-content/upl...