jetpack domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131updraftplus domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131avia_framework domain was triggered too early. This is usually an indicator for some code in the plugin or theme running too early. Translations should be loaded at the init action or later. Please see Debugging in WordPress for more information. (This message was added in version 6.7.0.) in /mnt/stor08-wc1-ord1/694335/916773/www.tvhe.co.nz/web/content/wp-includes/functions.php on line 6131Very interesting – it makes sense.
“This argument has been going on for years and has even gone to court. The level of fees charged to merchants was based on risk. I was told that taxis and massage parlours had the highest card fees at 7 to 10%”
Interesting fact.
“There have been various attempts by retailers to skirt it. LV Martin for years has given better price for cash. Taxis routinely added a surcharge as do travel agents.”
It makes sense for them to try and pass on the cost if they can – price discrimination is really in everyones interest here (except people that are using credit cards, and I guess the credit card companies 🙂 ).
The fact that they make firms not price discriminate as much as possible is very telling …
]]>Visa and MC had it in their T&Cs that users could not charge more for goods than customers paying in other manners – ie CC payers couldn’t be disadvantaged. Their argument was that consumers get all sorts of different benefits that they never get charged for so why should CC payment be any different? One was free parking: its cost is built into prices yet that disadvantages those who walk, yet like CC it is a service that draws customers to a business.
There have been various attempts by retailers to skirt it. LV Martin for years has given better price for cash. Taxis routinely added a surcharge as do travel agents.
The bigger issue to me was the Visa/MC cartel. It used to be that all the people who sat on the NZ MC board setting fees were almost exactly the same people as on the Visa board. Remarkably their fees were almost exactly the same too! I mean, who’d have thought that would happen? Not sure if that still happens. There was a case in Australia a few years ago about fees on the back of class actions in the US, and the Retail Merchants Assn had one going here too but it appears to have lapsed.
Basically the CC companies were fighting various brush fires in different countries to try and maintain their T&C’s but appear to have given up.
]]>However, many online sites advertise fees for credit card use so they must have different licenses.
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