Using Credit Cards at convience stroes

[Richard_Pearse]

@Anne Neville

Are you somewhere near a college campus? That’s the only place I see this sort of thing in the US any more.

I presume the rules may differ in other countries? I saw lots of credit-card minimums at shops in Australia.

Yeah, I checked the credit card contracts here and they allow shops to have minimum transaction amounts (I think they’re required by law to allow this.)

[Mr.Slant]

@atomicbadgerrace

Nope, you’re allowed to do this, per Visa’s rules:

The only part that stands out to me, in your case, is that it “is applied only to non face-to-face transactions.” If you’re covered there, it sounds like you’re covered with your convenience fee.

I’m not sure if you’d have trouble with the “is assessed by the merchant that provides the goods or services to the cardholder and not a third party” part, too, but I’d argue that you’re being charged a transaction fee by the processor, and your tenants are being charged a separate but equal fee by you.

He did mention 4% in his post, too.
If he’s charging that as a flat $ rate, he’s good.
If he’s actually charging 4% and not all of his tenants have the same rent, he might be in a technical violation depending on how you read the agreement.

[Harmonious_Discord]

They could decide to not do business with you in the future, if they decide they’re sick of you. This would not invalidate the VISA terms, because they banned you from the store.

[Balthisar]

@Mr. Slant

He did mention 4% in his post, too.
If he’s charging that as a flat $ rate, he’s good.
If he’s actually charging 4% and not all of his tenants have the same rent, he might be in a technical violation depending on how you read the agreement.

Well, it’s a flat rate to that tenant, right?