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They do, in the sense that the consumer is charged the same price independently of which card they paid with.
by xorcist 7y ago
They do, in the sense that the consumer is charged the same price independently of which card they paid with.
- twobat 7y agoIf they really wanted they could ask what the payment method is and put the additional fees on the client's bill.
- pwinnski 7y agoDoing so would violate their contract with the credit card companies. In some states, it might even violate the law.
- gamblor956 7y agoThis is both true and false. In 2013, MC and Visa agreed in a settlement that they could not prohibit merchants from imposing a surcharge on credit card customers. However, 10 states prohibit such surcharges, including CA, NY, FL, MA, and TX...i.e., the states with most CC transactions.
- twobat 7y agoThis feels like 100% against the free market spirit.
- ryandrake 7y agoI would immediately stop doing business with a retailer who dared to do this. What’s next? Charging a customer N% more because he drove to your store and parking spaces are expensive? At some point you need to accept certain costs of doing business and not always be looking to segment your customers to selectively pass expenses to them.
- twobat 7y agoWhat next? Tax more because your state is more expensive? These things are never simple to answer.