It is not "illegal", but all merchant services companies I've dealt with did not allow it in the agreement. What IS allowed is a "cash discount", just like at the gas station, there is a "cash" price then a "credit price". Technically not charging for using the card, just giving a cash discount. Most consumers do not realize that there are fees the merchant pays along with not recieving the full amount charged to the customer. Very rough example: end user is charged $100.00 for an item and that is what is on HIS bill. Merchant services company applies $96.75 or less to the vendors account (and usually not for several days) after their "swipe fee", and their percentage. Who do you think is actually paying that 2 percent you "get back", it sure ain't the bank you have the card through.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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