Dear Linkedin,

Michael Thomas mike at mtcc.com
Sun Jun 10 13:25:35 CDT 2012


On 06/10/2012 11:22 AM, John T. Yocum wrote:
> A merchant can offer a cash discount.

I believe that the law just recently changed on that account. I believe
that what Barry says was the old reality.

Mike
>
> --John
>
> On 6/10/2012 11:16 AM, Barry Shein wrote:
>>
>> I was under the impression (I should dig out my contract) that
>> merchant contracts also forbid charging more for a charge than for
>> cash or conversely "discount for cash!" but I see so many violations
>> of that particularly at gas stations I wonder if that's negotiable in
>> the contract.
>>
>> I remember my father buying a car and pulling out a credit card asking
>> if they accepted them? The dealer said sure no problem so he said fine
>> then take another 3% (whatever) off I'll pay cash/check.
>>
>




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