Use credit card to 'transfer' to supplier

Heedtheadvice

I would guess that this is not possible but  would love to know it can be done!!

I wish to pay a supplier and have their bank details but would like to have section 75 protection so do not wish to to do a straight bank account to bank account transfer.

Any way to do such a transfer from my credit card account.....and then get section 75 protection.

Several suppliers I know, especially those that generally just supply trade customers but also sell to retail customers (like me) or local traders are not set up for card transactions. My CC happens to be MBNA but can this be done by any CC account at all?

grumbler

Heedtheadvice said:

Any way to do such a transfer from my credit card account.....and then get section 75 protection.

No

Several suppliers I know, especially those that generally just supply trade customers but also sell to retail customers (like me) or local traders are not set up for card transactions. My CC happens to be MBNA but can this be done by any CC account at all?

No

I think, theoretically, you can get the same protection if you use a current account overdraft, but in practice I wouldn't bet on this.

Heedtheadvice

Thank you (I think!) for that confirmation of yours.

I'll not give up hope yet, one never knows.....

[Deleted User]

Could the supplier take a deposit on card and pay the rest normally?

Do ensure any potential S75 claim would actually be covered and follow the rules

Heedtheadvice

Thanks for the suggestion.

Unfortunately these suppliers have no card type of facility. As an example a small local garage I use have absolutely no card, PayPal, Apple pay or Google pay or similar facilities. I have always paid them by cheque, now bank transfer and although there might be (in the worst case ) a chargeback request that does not give nearly as much protection as Section 75.

That was only one example. It could just as much have been the local plumber, a larger electrical business etc. etc.

It is not a case of these being cowboys, scams, giving bad customer service but with some costs rising rapidly in business any of them could potentially go out of business.

born_again

Heedtheadvice said:

Thanks for the suggestion.

Unfortunately these suppliers have no card type of facility. As an example a small local garage I use have absolutely no card, PayPal, Apple pay or Google pay or similar facilities. I have always paid them by cheque, now bank transfer and although there might be (in the worst case ) a chargeback request that does not give nearly as much protection as Section 75.

That was only one example. It could just as much have been the local plumber, a larger electrical business etc. etc.

It is not a case of these being cowboys, scams, giving bad customer service but with some costs rising rapidly in business any of them could potentially go out of business.

Chargebacks are CARD regulations. They have nothing to do with Cheques or bank transfers.

lr1277

With chargebacks, the disputed amount is taken from the supplier’s bank account. They tend to not agree and will either disagree to the chargeback or invoice you again or take you to court.I think it is also possible the supplier will get their bank to get the money back from which ever account paid them. I think I have seen all these scenarios complained about on these boards.

For S75, there has to be a debtor creditor relationship that is you have to have used the card to pay for whatever. If there isn’t such a relationship, most card providers will deny the claim. Some card providers may and I say may reimburse you but that is in their gift.

Edited to add 2 sentences to the 1st paragraph.

Heedtheadvice

Thanks both for those two posts.

I believe I understand S75, in principle anyway but never had to use it (and not knowing if you could use a CC for transfers thus having the defined relationship) but I had not realised that chargeback could only apply to card transactions. Seems like many a drawback potentially with chargeback, not that I have had that experience either!

Seems like there is no other protection ( like section 75) other than laws of the land/ condumer rights/contract law to give any extra protection, not even a 'purchase insurance' (as far as I can tell, similar to a house purchase insurance) unless provided by the business or a trade association type of scheme. They no doubt cover many a purchase under warranties and 'independant' bodies but there is still a hole where little extra protection applies such as if a business folds with insufficient assets to pay creditors.

[Deleted User]

Heedtheadvice said:

Thanks for the suggestion.

Unfortunately these suppliers have no card type of facility. As an example a small local garage I use have absolutely no card, PayPal, Apple pay or Google pay or similar facilities. I have always paid them by cheque, now bank transfer and although there might be (in the worst case ) a chargeback request that does not give nearly as much protection as Section 75.

That was only one example. It could just as much have been the local plumber, a larger electrical business etc. etc.

It is not a case of these being cowboys, scams, giving bad customer service but with some costs rising rapidly in business any of them could potentially go out of business.

Our hockey club and indeed my physio take payments for match fees, treatments etc via a portable POS terminal, any business / charity could do that if they wanted to, they may just not want the visible expense of a processing fee. Though they may have to pay for business payments anyway so much of a muchness.

Regardless, if you cannot pay by CC directly you get no S75 protection regardless of how you think you can wangle it. 

DullGreyGuy

Back in the day you used to get credit card cheques for paying companies that didnt accept cards however because its payable to anyone and your bank isnt involved in authorising the payment to the merchant then there was no S75 protection. 

If you want S75 protection you'll need to find a supplier that accepts credit cards.

born_again

Heedtheadvice said:

Thanks both for those two posts.

I believe I understand S75, in principle anyway but never had to use it (and not knowing if you could use a CC for transfers thus having the defined relationship) but I had not realised that chargeback could only apply to card transactions. Seems like many a drawback potentially with chargeback, not that I have had that experience either!

Seems like there is no other protection ( like section 75) other than laws of the land/ condumer rights/contract law to give any extra protection, not even a 'purchase insurance' (as far as I can tell, similar to a house purchase insurance) unless provided by the business or a trade association type of scheme. They no doubt cover many a purchase under warranties and 'independant' bodies but there is still a hole where little extra protection applies such as if a business folds with insufficient assets to pay creditors.

S75 only covers purchases where retailer takes funds from your account. Taking cash, or  if you could sends funds to them would not be covered, as cash transfers are not covered.

In the end you have enough cover with your consumer rights. 
Chargebacks are card providers regulations & over & above your consumer rights. S75 just hold CC jointly liable, but only in certain circumstances. It is not a cover all insurance policy.