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Started By
Message
re: Small Business owners / taking credit cards
Posted on 2/24/15 at 10:09 am to mikelbr
Posted on 2/24/15 at 10:09 am to mikelbr
quote:
Set minimum purchase limits on your product/service
ETA:
quote:
New rules: up to $10 minimum OK
The law says that merchants can set a credit card minimum purchase of up to $10, as long as they treat all cards the same. It also allows the Federal Reserve to review and increase the minimum payment amount.
This post was edited on 2/24/15 at 10:12 am
1
Posted on 2/24/15 at 10:12 am to GrammarKnotsi
Its not illegal but against the service agreement with your CC processor.
The company that my parents used charged a flat rate of all purchases during the day. So, we let people put $1 on a CC o $100.
The company that my parents used charged a flat rate of all purchases during the day. So, we let people put $1 on a CC o $100.
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