Can a merchant charge a customer a transaction fee when paying with a credit card?
360400
Taco Bell charges you a 0.79 "Convenience Fee" for paying with a debit card, so yeah, I guess so.
465201
No. You always have to pay a fee, unless you find a person yourself interested in exchanging the same amount of C$ to US$ as you want to change US$ to C$, for a rate that you can both agree on. It would be very unlikely that this would happen so just pay the fee and let brokers and dealers do all the work.
804885
No.\n\nAsk to speak with the manager or supervisor because it is whatever transaction comes in first not by amount.\n\nBe persistent. If that is their policy, let them know you didn't know and to let you see that policy in writing.\n\nGood luck.
94689
A merchant account allows you to accept credit cards from customers at your business.   Once you have a merchant account, you then have to program your credit card machine (or software, or ecommerce site) with the merchant account information.  Now when a sale is made, the card is approved or declined, and the funds are deposited into your checking account.  Note: your checking account or bank account is different from a merchant account. There are rates and fees associated with accepting a credit card from your customers.  For example, if a customer uses a check card at your store for $100 and the rate is 1.39%, then $1.39 comes out and $98.61 is deposited into your account.  It costs money to accept plastic from customers.
1038855
It's pretty much a matter for the issuing financial institution. Check with them to determine what, if any, fees are imposed. If there is a fee, it would most likely be for a currency conversion.
95904
The first two answers your question received are correct, in a limited sense, but there are great differences that they failed to mention.\n\nThe biggest difference to you, as a consumer, might be the protections available to you when you use a debit or credit card to make a purchase.\n\nIf you use a credit card to purchase something, and you find that the item is faulty, or not as advertised, or the seller fails to deliver it in proper order, or perhaps fails to deliver it at all, you can challenge the charge and if you can substantiate your case, the charge can be reversed.\n\nIf you use a debit card, you are guaranteed no such protections.\n\nI'm not recommending you cut up all your debit cards and use only credit cards, just pointing out a major difference between credit and debit cards, which is what you asked about.
1024427
They get money for every transaction that is made. The store owner is paying them for giving you the convenience of using the credit card in his store. This is also true for debit cards. By paying cash, you are doing the businessman a favor. But CC companies are counting on you to being late so they can raise your interest rate, charge you late fees, over limit fees and they simply do not care that you have not read the fine print on your contract.
643980
I'm not sure I understand the question, but if you've been charged on your credit card for anything you did not mean to purchase, I'd suggest you complain to the company that made the charges and ask for a refund. If they don't give you one, follow up with the bank with which you have the card and see if you can get the charge reversed.
700813
Cashback is not available on credit cards, only debit cards. If you know somewhere that is offering you cashback on your credit card transaction, they will be putting it through with the retail part of the transaction as there is no way for them to tell the credit card company it is a cash advance (which would incur a fee and possibly be charged at a different rate). \n\nSome retailers (such as betting shops, football pools etc.) will charge the whole transaction as cash advance, but will not give cashback.
86308
Many companies use outside parties to verify payments made by credit card and they often charge additional to cover the costs as pay by phone is considered a service provided 'for your convenience." As well, credit card companies charge other companies just to accept credit card payments.
952031
Absolutely! It costs them money to accept your card. Also the fees change depending on if the charge is rung up as debit or credit. A local store owner explained to me that for sales below about $20 US, the debit card had a smaller fee. Sales greater than that and the credit charge costs less. \n\nI think we should work with businesses to help them keep costs down for processing plastic transactions because ultimately those extra fees are added into  the cost of the product. We will pay for it one way or another.
382742
It depends.\n\nIf your credit card provider is a national bank, it is likely that they are regulated by the Federal Trade Commission for consumer offerings.\n\nIf your credit card is a state chartered bank and you suspect a problem, you should contact your states attorney general.
593585
If your friend is using a credit or a debit card, it is very possible for the bank to hold or deny the transaction and to attempt to verify with you, the card-holder, that it's you using the card.  This does keep credit card/banking costs down because a lot of credit card fraud is caught before the criminal can run up too large a buil.d I have had several card companies call me to verify that I am actually the one using the card when an unusual pattern of activity occurs. Usually this is 3 or 4 transactions very close together in time, outside of my hometown.
1082628
I would call the credit card company and ask them what the transaction was for. Just tell them that you don't remember what it was for and that you want to make sure that you made that charge to your credit card. Good Luck.
850365
The fees the retailer pays to accept the card outweigh any profit they might make on the transaction - they really mean "  No - that isn't worth my while"
539170
Yes you do.The very nature of ecommerce is to for the buyer to receive their product or service ASAP.Likewise the seller  wants to sell while the visitor is there.You could operate on checks and money orders ,but that involves additional cost(postage) and elongated time for the buyer to receive their product or service,as the seller has to wait for the check to clear and then ship.Many items(non tangible)do not require a shipping cost ,but if you have to send a hard copy,then you have additional shipping cost added to the cost of the product or service.This is the day of instant acquisition and gratification,and if the customer doesn't buy from you because you offer no way to pay immediately,they will buy from someone else.Sellers are not responsible for credit card debt,the credit card holder is,and its about time they shoulder the responsibility for their own mismanagement.
1170633
depends on if he signed a contract that states this particular hefty fee.  If not than fight it out with a lawyer.