[ic] Credit card surcharge on Checkout.html

Dan Browning interchange-users@icdevgroup.org
Fri Sep 6 11:54:01 2002


At 09:34 AM 9/6/2002 -0400, you wrote:
>At 02:26 PM 9/6/02 +0100, you wrote:
>>I want to add 4.1% surcharge on credit card transactions only.
>
>I know that your question is technical in nature and not necessarily a 
>marketing and strategic question, but I thought you may be interested in 
>this bit of information.
>
>Most credit card merchant agreements include specific provisions that 
>prohibit surcharges or extra fees or price tiers based on the use of their 
>credit card.  You may want to review your agreement with your credit card 
>provider.  In the past (this was years ago and in an off line setting) a 
>friend of mine came very, very close to loosing his merchant account over 
>this issue.

It's true.  However, they do allow you to increase *all* of your product 
prices by 4.1%, and then offer a 4.1% discount for cash items.

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| Dan Browning, Kavod Technologies      <dan.browning@kavod.com> |
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