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> long as vendors are free to offer different pricing based on payment method My understanding is that the merchant agreement the vendor has with the credit ca
by FabHK 8y ago
> long as vendors are free to offer different pricing based on payment method
My understanding is that the merchant agreement the vendor has with the credit card company prohibits that.
- lotsofpulp 8y agoFTC website says different: https://www.ftc.gov/tips-advice/business-center/guidance/new-rules-electronic-payments-lower-costs-retailers https://www.ftc.gov/tips-advice/business-center/guidance/new... >Discounts to Customers A PCN cannot stop you from offering your customers a discount or another incentive for using a certain method of payment, as long as you offer it to all your customers and disclose the offer clearly and conspicuously. For example, you can offer your customers a discount or a coupon if they pay with cash or a debit card rather than a credit card.