It is legal for me to pass on the transaction fees to the card holder up to 4 percent.
Yes but its suppose to be the actual cost are what the CC Co. charges you... Most just round the numbers off.
How do we know the cost :We don't: And they are not going to tell you how you would know when you take a card...
I can deal with the standard CC fee's its those Cash/Rewards cards that I take a hard lick on...
Most think it cost the Merchant nothing to do the transaction but most (all I deal with DO) understand when you explain it to them and are willing to share the cost for there convenience.
Convenience comes with a price charge for it... For those that shop at your store for there convenience, convenienced if you post a sigh that stated closed due to insufficient funds...
I don't know how those that do allot of CC sales keep up with it, it must take allot of time to reconcile all those sales... CC Co's are the villain not the Merchant :!: They are the biggest crooks I have ever dealt with...
Has anyone every thought about how much money they make off the same dollar as its passed around... Lets say I buy a part online and pay with a CC, I sell it to you and you pay with a CC they have collected fee's on the same money two times and the Merchant is suppose to suck it up... :twisted:
You are asking should I feel guilty "NO" convenience comes at a price its the cost of doing businesses... Of course it works both ways it can be good are bad for you the problem is you have to $educate$ yourself on the bad to figure out how the good parts fits your needs...
This post was edited by Hobo,NC at 06:31:43 07/21/15.
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