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"Can't charge extra for using a credit card" is a contractual condition imposed by the credit card companies. If anything there should be a law voiding such co
by butlerm 4y ago
"Can't charge extra for using a credit card" is a contractual condition imposed by the credit card companies. If anything there should be a law voiding such conditions as contrary to sound public policy. Why should cash or debit card users in a competitive market be charged extra to subsidize rewards for credit card users, for example?
- rrrrrrrrrrrryan 4y agoWell, there is a law that states you can't charge extra for using a certain credit card. If you want to charge for credit card payments, the same fee has to apply to all cards you accept.
- CodeWriter23 4y agoBuilt in Sacramento https://oag.ca.gov/consumers/general/credit-card-surcharges https://oag.ca.gov/consumers/general/credit-card-surcharges
- butlerm 4y agoIt is always convenient for businesses to have the legislature enforce their preferred contract conditions in statutory law, but this particular statute sounds like it is unenforceable.
- chrismcb 4y agoBecause they don't. Handling cash is expensive, and typically costs more than credit card fees.