It is not "illegal", but all merchant services companies I've dealt with did not allow it in the agreement. What IS allowed is a "cash discount", just like at the gas station, there is a "cash" price then a "credit price". Technically not charging for using the card, just giving a cash discount. Most consumers do not realize that there are fees the merchant pays along with not recieving the full amount charged to the customer. Very rough example: end user is charged $100.00 for an item and that is what is on HIS bill. Merchant services company applies $96.75 or less to the vendors account (and usually not for several days) after their "swipe fee", and their percentage. Who do you think is actually paying that 2 percent you "get back", it sure ain't the bank you have the card through.
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Today's Featured Article - History of the Nuffield Tractor - by Anthony West. The Nuffield tractor story started in early 1945. The British government still reeling from the effects of the war on the economy, approached the Nuffield organization to see if they would design and build an "ALL NEW" British built wheeled tractor, suitable for both British and world farming.
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