Re:Visa, Mastercard mull increasing fees for processing tran...
by chimeracoder on Friday February 15, 2019 @12:32PM
(#19172832)
> Those transaction fees were originally prohibited by credit card merchant agreements, but eventually they relented.
They were prohibited by federal law until a few years ago. That was repealed, but now they're still prohibited by state law in a number of states. In addition, some merchant agreements still prohibit it, particularly if the merchant accepts American Express.
They were prohibited by federal law until a few years ago. That was repealed, but now they're still prohibited by state law in a number of states. In addition, some merchant agreements still prohibit it, particularly if the merchant accepts American Express.