3 ms·
While it may no longer be a requirement of Visa or Mastercard that merchants not pass on fees on to consumers, I believe that there are laws on the books in sev
by JSadowski 14y ago
While it may no longer be a requirement of Visa or Mastercard that merchants not pass on fees on to consumers, I believe that there are laws on the books in several states (California included) that would still preclude this.
http://law.onecle.com/california/civil/1748.1.html http://law.onecle.com/california/civil/1748.1.html
- JSadowski 14y agoAlso, it should be noted that PayPal's terms for merchants also state that surcharges are not allowed.
- tzs 14y agoNote that this only applies customers who elect to use a credit card in lieu of cash or check or similar. For online transactions where credit cards are the only payment method accepted, that section does not apply.
- gergles 14y agoWhile a reading of the letter of the law seems to indicate that you would be correct and would be able to pass on/differentiate charges ("The customer CAN'T 'elect' to use a credit card because we don't take anything else! Suck on that, legislature!"), my reading is that the "intent of the legislature"^ clause would almost certainly preclude you from charging credit card surcharges and that a customer who sued you for doing so would win. ^"It is the intent of the Legislature to promote the effective operation of the free market and protect consumers from deceptive price increases for goods and services by prohibiting credit card surcharges[...]"
- tzs 14y agoWhat about section (c)? That pretty clearly indicates the legislature probably intended my reading.