Dear Linkedin,
Owen DeLong
owen at delong.com
Sun Jun 10 19:32:22 UTC 2012
The agreements often prohibit minimums and cash discounts/card fees.
However, the Dodd-Frank act trumps the agreements as law > contract.
Owen
Sent from my iPad
On Jun 10, 2012, at 11:16 AM, Barry Shein <bzs at world.std.com> 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.
>
> --
> -Barry Shein
>
> The World | bzs at TheWorld.com | http://www.TheWorld.com
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