Minimum charges barred
Join the discussion below, or Read more at Baltimore Sun.
#1 Jan 15, 2008
So the bank or issuer revokes the business' right to accept the card...now, NO ONE can use their credit card at this business. The business will lose a lot of sales and eventually go out of business putting more people on unemployment that all taxpayers pay for. GREAT IDEA! Let's all complain to the issuing bank and help revoke a business' right to accept credit cards! Think about the results before you act!!!!
#2 Jan 15, 2008
If merchants accept terms imposed by credit card companies, they are subject to these agreements. If they do not wish to accept the terms imposed, they should not accept credit card transactions. They cannot it both ways.
There is one merchant up my way who charges a $1.00 dollar fee for using a credit card. I do not shop there anymore because I refuse to pay a "buyer's premium" on credit card purchases. I am not going to pay $11.00 for a $10.00 purchase.
#3 Jan 16, 2008
Where can we get a copy of the agreement, specifically the portion that prohibits a minimum charge? If we had a copy, we could shove it in the face of the merchant and let them know if they don't take down the sign about minimun charges, and don't stop requiring minimum charges, they'll be reported.
As to CrumbW's comment - What if you signed a contract with another party, then that other party decided it didn't need to comply with the contract? You'd be a very unhappy camper.
The business signed a contract to do business in accordance with the contract. If it decides to not abide with the contract, it pays the consequences.
And further, if it does not abide with one contract, how many others will it violate? What if it is the contract it has with you, it owes you money, and it says "What money?" You'd be a very, very unhappy camper.
It's called ethics. Ethical businesses abide with the terms of the contracts they signed. Unethical businesses say screw the customer, screw the contract, and think the law is for 'the other guy'. Think Enron as an example.
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