I noticed several merchants ads stating that purchases made using credit cards would be charged an additional 3% over cash purchases. This violates policies set by all the major credit card companies. It also violates the law in several states! When I attempted to point this out, this was the response I got.
4/3 1:00: 24 pm
Robert
A Texas seller's ad states an additional 3% will be added to selling price if buyer uses a credit card. This violates Visa's policy AND Texas state law. "TEXAS POSSESSES A "NO SURCHARGE RULE" FOR CONSUMER PURCHASES "[A] seller may not impose a surcharge on a buyer who uses a credit card for an extension of credit instead of cash, a check or a similar means of payment." Statute: Tex. Fin. Code Ann. 339.001 (a) (Vernon) Statute covers: Credit cards only Statute: Tex. Fin. Code Ann. 301.002 (a) (2), (9)"
4/3 7:22: 51 pm
GBSupport1012
Since we do not take part in the financial transaction, you will need to address that with the seller. Further, as we are not party to the agreement between the Seller and Visa we cannot speak to its Terms and Conditions.
4/3 8:10: 04 pm
Robert
So if a seller posts a policy that is an obvious violation of the law, you don't care? Fine, I'll notify the Texas and Georgia authorities myself. As far as Visa's policy, that is a constant with every merchant. If you accept visa, thats the policy. There is no bargaining...
4/3 8:32: 43 pm
GBSupport1012
Knock yourself out. Do you think you are the first one to point this out? We've been here more than ten years and sold well over a billion dollars worth of merchandise. Our position is firmly grounded in case law.
Translation? They don't care! As long as they get their cut, they don't care if we get ripped off. I say, you want to run a business? You want to make a profit? Do it honestly! Stop the cheaters! Grow some integrity!
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