View Full Version : Creditcard surcharges

21-11-2002, 01:27 PM
Satish mentioned in Only Touch n Go card... thread (http://www.usj.com.my/bulletin/upload/showthread.php?s=&threadid=2881) ,

Even when buying items with credit cards at
established shops, we do not pay more than the price listed. The shops pay the credit cards the
commission, not the buyer.

Take note that not all shops will absorb the commission, but somehow they will pass it down to us. Eventhough at the creditcard website, i.e. Mastercard and Visa, do mentioned that the merchant cannot pass the cost to the buyer, this still happen. The merchant call it surcharges or misc charge.

If you question the merchant, they will says that it is not related to the commission of the credit card but for administration fees, and what ever not. And the fee is equal to the creditcard's commission = 2.5% or 3%.

Some of them put it in other way, CASH price and CARD price. This is still acceptable because you know you going to pay a different rate with creditcard, jus that some of them just charge additional when you say "I am paying with creditcard," then ...

I am sure a lot of us encounter this before, and have to pay that additional in order to have the item.