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Huh, I thought that wasn't allowed by the card issuer rules. Isn't that why a lot of places don't take Amex? Because the fees are higher but they can't add a su
by amrocha 3y ago
Huh, I thought that wasn't allowed by the card issuer rules. Isn't that why a lot of places don't take Amex? Because the fees are higher but they can't add a surcharge to cover it?
- HWR_14 3y agoThe rules were changed, I believe in some of the financial legislation passed post-2008.
- nulbyte 3y agoThey were changed in settling a class action lawsuit. But nothing was stopping merchants from offering a cash discount which would have served the same purpose.
- howLongHowLong 3y agoIn New Orleans, I've seen it advertised as "cash discount." So I guess technically its not a fee on card transactions - it's a discount on cash ones.