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by Per_Bothner 1507 days ago
"Usually there is language in the contract with the processor agreement that prevents businesses from charging different prices for credit card vs non credit card buyers."

I don't believe that is the case. However, they usually prohibit a surcharge for using a credit card - but they don't (can't?) prohibit a discount for cash. To get around that you'll sometimes see "listed price reflects cash discount - add X% if using a credit card".

1 comments

I think Supreme Court came down against those prohibitions in 2017, although I am not sure if that only pertains to state laws and not business agreements.

https://en.wikipedia.org/wiki/Expressions_Hair_Design_v._Sch...

Either way, due to wanting to avoid risking anti trust action and to stay out of the headlines, I think the payment card networks (PCN) are not going to want to try imposing any of those credit card surcharge terms.