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Not true since January. Part of a class-action settlement with Visa and MasterCard allows merchants to add a surcharge of up to 4% for paying with credit cards. The Dodd-Frank bill in 2010 banned prohibitions on the other terminology for the same thing -- cash discount. Cash discounts, credit surcharges, and minimums to pay with credit as low as $10 are all currently legal, and old merchant account agreement terms that prohibited them are void or unenforceable.


Well that's some good news. Thanks for correcting me.


This is actually very good news. Now, I just need someone to organize all the merchants around me to find where I can get cash discounts.


Someone? Get going on that #Doer




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