News for hackers. Stuff that matters.

A comment on 6 Credit Card Processing Facts Nobody Tells You. Parent comment

Re:6 Credit Card Processing Facts Nobody Tells You by redrobot5050 on Tuesday December 09, 2008 @03:30AM (#391104)
Actually, Costco does NOT take credit cards, with the only exception being Amex.

They will takea Visa/Mastercard Debit card, but you have to enter the PIN. Debit charges are processed at a lower rate, since they're essentially an interface for ACH, and having a valid 4-digit PIN entered (plus buying stuff on a membership card) supposedly eliminates fraud.

(I was there this past weekend to capitalize on their great deals on flat screens.)

[ Parent | on HN ]
Re:6 Credit Card Processing Facts Nobody Tells You by mattmaroon on Tuesday December 09, 2008 @12:55PM (#391504)
They don't take Discover? I'm surprised. Sam's now takes that and Mastercard. I would think Costco's superior volume could get them an awesome deal.
[ Parent | on HN ]