40 States can charge 4% on CC purchases (gasoline, cost, visa, state government)

[proveick]

Starting today 40 States including NJ can charge up to 4% on all Credit card purchases. So $100 in Shoprite now became $104.
http://tv.msnbc.com/2013/01/28/credi...-checkout-fee/
Not here in CO though.

[hammertime33]

Originally Posted by proveick

Starting today 40 States including NJ can charge up to 4% on all Credit card purchases. So $100 in Shoprite now became $104.
Not here in CO though.

It's be nice if you could tell us what it is you're talking about.

[pch1013]

Originally Posted by hammertime33

It's be nice if you could tell us what it is you're talking about.

New Credit Card Transaction Fees: List Of States Charging 4% Surcharge

Fortunately, our good old nanny state government here in California is protecting consumers from those extra charges.

[uggabugga]

i heard that many places don't plan to assess an additional fee, since they've already worked the CC fee into their goods/services cost years ago anyway.

[hammertime33]

Originally Posted by pch1013

New Credit Card Transaction Fees: List Of States Charging 4% Surcharge

Fortunately, our good old nanny state government here in California is protecting consumers from those extra charges.

I just read that. It's very poorly written. And the OP is misleading - states are not charging anything.

Starting yesterday, in 40 states, via an agreement with Visa and Mastercard, retailers can charge, if they choose, customers a credit-card processing fee of up to 4%. A few other articles I've now read say that so far not a single major retailer has any plans to do so.

Quite frankly, I think stores should charge a credit-card processing fee. Why should those of us who pay cash subsidize the extra costs associated with those using credit card?

[ColonelStraker]

Originally Posted by uggabugga

i heard that many places don't plan to assess an additional fee, since they've already worked the CC fee into their goods/services cost years ago anyway.

In that case, I want a 4% discount for paying CASH.

[uggabugga]

Originally Posted by ColonelStraker

In that case, I want a 4% discount for paying CASH.

..and you should get one.

a few places around here give a cash discount for gasoline, but they're the exception.

[hammertime33]

Originally Posted by ColonelStraker

In that case, I want a 4% discount for paying CASH.

And if I have to use a god-damn self-checker at the grocery store, I should get a discount for scanning and bagging my own food.

[pknopp]

Originally Posted by hammertime33

I just read that. It's very poorly written. And the OP is misleading - states are not charging anything.

Correct.

[jwm1964]

Originally Posted by proveick

Starting today 40 States including NJ can charge up to 4% on all Credit card purchases. So $100 in Shoprite now became $104.
Credit card users could get socked with 4% “checkout fee”
Not here in CO though.

So basically this equals a 4% tax on top of existing taxes.
What about Debit transactions?