Credit card charge

alfred64

Big profit margin on wedding venue/dinners/drinks and so on.

Proprietor should be able to comfortably absorb the credit card cost.

System

I just find it odd that people will happily pay £103 for something. But be enraged if the same thing costs £100+ 3% fee.

Go figure.

chattychappy

:beer:

beany_bot wrote: »

I just find it odd that people will happily pay £103 for something. But be enraged if the same thing costs £100+ 3% fee.

Go figure.

:beer:

I find it odd that if I want to obtain better pricing by offering cash/bank transfer, parliament sees fit to interfere.

Takmon

beany_bot wrote: »

I just find it odd that people will happily pay £103 for something. But be enraged if the same thing costs £100+ 3% fee.

Go figure.

So your happy for companies to add on illegal charges to your bill if they don't amount to much? :rotfl:

Let's say your shopping around and find the best price for an item you then go to pay and the retailer adds an illegal 3% extra charge because you want to pay by card. This then makes the item more expensive than other retailer and you have wasted your time.

You must be dodgy retailers favourite customer if your happy for them to ignore the law when dealing with you.

18cc

I think you have two options here ...

either pay the 3% on £100 deposit and get section 75 protection n case she goes broke or tell her you're not going to pay it and you're going to report her to Trading Standards and see if she accepts your business or takes it out on you in some other way!

System

Takmon wrote: »

So your happy for companies to add on illegal charges to your bill if they don't amount to much? :rotfl:

Let's say your shopping around and find the best price for an item you then go to pay and the retailer adds an illegal 3% extra charge because you want to pay by card. This then makes the item more expensive than other retailer and you have wasted your time.

You must be dodgy retailers favourite customer if your happy for them to ignore the law when dealing with you.

Don't be absurd, that is not my point at all. It is the same final figure!
My point is. If a business was selling at service at say £129 before credit card charges were made illegal and adding 3% credit card fee... Then you can rest assured that in a years time said service will cost £133 with no "illegal charge".... But you feel better about yourself because you think that you are getting a better deal! :rotfl:

they will just absorb the charge into the total cost. You aren't saving any money at all.
Little tip. Companies and businesses don't like cutting profit margins for the fun of it. you can be absolutely assured that the missing 3%'s will be added into the product/service costing soup. (Exactly what my friends business has done) You will pay exactly the same as before.

18cc

Actually on thinking about it you probably have an additional two options - you could call her and tell her that she is acting illegally in asking for the 3% and that you are going to take your business elsewhere and report herto trading standards and the fourth option is to say nothing, pay the 3% on £100 and then after the wedding email her and ask her for the 3% back or you will report her...

18cc

Nobody expects the Spanish Inquisition.....

chattychappy

18cc wrote: »

Nobody expects the Spanish Inquisition.....

If it's a choice between a poke with a soft cushion and an illegal discount for cash... I know which I'd take!

Takmon

beany_bot wrote: »

Don't be absurd, that is not my point at all. It is the same final figure!
My point is. If a business was selling at service at say £129 before credit card charges were made illegal and adding 3% credit card fee... Then you can rest assured that in a years time said service will cost £133 with no "illegal charge".... But you feel better about yourself because you think that you are getting a better deal! :rotfl:

they will just absorb the charge into the total cost. You aren't saving any money at all.
Little tip. Companies and businesses don't like cutting profit margins for the fun of it. you can be absolutely assured that the missing 3%'s will be added into the product/service costing soup. (Exactly what my friends business has done) You will pay exactly the same as before.

The point i was making was the reason someone would not be happy with a 3% charge is because they don't expect it as it's illegal. Lets say they are buying a new TV and see it at 5 different retailers for £1020 and then at one retailer they are advertising it for £1000. Naturally you would get the best price if all other things are equal.
But if you turned up to buy the TV at £1000 and then find out it's £1030 due to an unexpected illegal 3% credit card charge your saying you would be happy to pay it because if they had followed the rules they would have charged £1030 anyway?. :rotfl:
I certainly wouldn't pay it.


Also to address your second point let's say there are two retailers close to each other; one is Richer Sounds and the other is an independent shop selling similar products.
Richer sounds never charged extra for credit card payments but lets say the independent retailer did. Do you think the independent retailer is going to suddenly increase all their prices by 3% knowing there is a competitor nearby who won't be?.
Plus once the card charges can't be passed onto the consumer the company is more likely to get a better deal so the fees are lower so they can remain competitive on prices.