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119 posts

Master Geek
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Topic # 143755 25-Apr-2014 18:28
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I just want to confirm why there is a 2% Conv Fee applied to us paying our bill online using our Visa Debit Card? This means I'm paying an extra $5 month ($60 year). When I pay other bills such as Power, topping up my Telecom Prepay Via Debit Visa on their website and even buying stuff on Trademe I'm not charged a Conv Fee. So why does Vodafone implement this? 

Has this fee been implemented by Visa? And if so why isn't this fee being applied to the other bills I listed? Why would you even be charged using YOUR money on your Visa Debit. I would understand if it was a Credit Card.

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Ultimate Geek
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  Reply # 1031301 25-Apr-2014 18:37
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It's charged by the CC company.
Most phone companies and Electricity suppliers charge it - but with electricity companies they usually hide it by giving you a smaller prompt payment discount than if you pay by DD

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Uber Geek
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  Reply # 1031303 25-Apr-2014 18:39
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5% where did you get that figure from?

 
 
 
 


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Master Geek
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  Reply # 1031305 25-Apr-2014 18:40
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It's all explained in this thread,

http://www.geekzone.co.nz/forums.asp?forumid=40&topicid=142465



Fee should be 2% not 5%, I don't like it either and think it's penny pinching so the CEO can get there bonus.




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119 posts

Master Geek
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  Reply # 1031306 25-Apr-2014 18:41
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farcus: It's charged by the CC company.
Most phone companies and Electricity suppliers charge it - but with electricity companies they usually hide it by giving you a smaller prompt payment discount than if you pay by DD


I top up $20 on the Telecom Website, why don't I get charged a Conv Fee? I don't get charged from Trademe, Online Stores either.

Plus I don't get charged when I purchase from stores using my Visa Debit Card? (Inserting chip into the machines)



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Master Geek
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  Reply # 1031308 25-Apr-2014 18:42
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johnr: 5% where did you get that figure from?

2% sorry. But I still pay $5 extra each month.

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  Reply # 1031311 25-Apr-2014 18:49
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