mattwnz:robjg63:
I believe we have the commerce commission to thank for the credit card surcharges. It used to be illegal to charge extra for a credit card transaction. The credit card companies of course took a cut and the vendor (and I suppose the odd person who paid cash) would subsidise the credit card transaction. Anyway - you saw a price and thats what you paid.
Did it used to be illegal? I thought it was previously against credit card companies terms for their vendors to add fees as extra onto the price. But the comcom instead made it possible for companies to add on the credit card fees?
Yeah I thought this was the case too. Visa strictly prohibited it, especially during the Sydney 2000 Olympics, so Taxi companies over there refused to accept Visa. Luckily I was aware at the time and had cash on hand.


