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Credit card companies use to dictate that you couldn't charge different prices for them but they were sued and lost so now you can.
by sanswork 12y ago
Credit card companies use to dictate that you couldn't charge different prices for them but they were sued and lost so now you can.
- digitalsushi 12y agoThe Dodd-Frank act, 2010, with the Durbin Amendment, made it so that vendors could impose a restriction on credit card purchases up to 10 dollars. http://en.wikipedia.org/wiki/Dodd%E2%80%93Frank_Wall_Street_Reform_and_Consumer_Protection_Act#cite_note-21 http://en.wikipedia.org/wiki/Dodd%E2%80%93Frank_Wall_Street_...
- yebyen 12y agoCitation please. I've been charged extra at my favorite Chinese restaurant for using a card, so it's not that I don't believe you, but I would really like to know the relevant decision. (Upvoted)
- belandrew 12y agoVisa and Mastercard settled so there was no decision needed. http://www.justice.gov/atr/public/press_releases/2010/262867.htm http://www.justice.gov/atr/public/press_releases/2010/262867... I believe American Express settled later.