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Subject:	Re: Can we all agree to do eCheck payments with Paypal and not CC?
Newsgroups:	lugnet.market.services
Date:	Thu, 2 Nov 2000 14:21:42 GMT
Viewed:	1771 times

In lugnet.market.services, Rob Doucette writes: > > I'm thinking that instituting a CC funded payment fee policy may be in > order: "If paying via PayPal from a US account, thou shalt not use CC > funding else a 10% additional payment will be required for release of goods. > Failure to send said 10% fee shall result in immediate forfeiture of any and > all funds previously transmitted as well as goods" I don't know for sure, but I think that it's illegal in some states to charge extra for credit card purchases. Anyone know if this is true or not? ...time passes... Well, I researched it. According to www.creditinfocenter.com which is what I got when I did a search on this topic on google: "The Federal Truth-in-Lending Act prohibited surcharges on credit card purchases until 1984; since then, there has been no Federal law on that subject. (Other provisions of the law are still in force.) The states of CA, CO, CT, FL, KS, MA, ME, NY, OK, and TX have laws against surcharges, according to Bankcard Holders of America. Discover allows surcharges on credit card purchases, except in the above states. Visa and MasterCard prohibit them. American Express discourages them in general, and specifically prohibits them by merchants that also take MasterCard or Visa because Amex doesn't allow merchants to discriminate against it" The site goes on to say that the way to get around this is to charge the "surcharge" to everyone and give a discount to cash payments. So, since we're talking Paypal here, I don't know if that would change things, but it's something to consider. Ben Roller

Message has 1 Reply:

		Re: Can we all agree to do eCheck payments with Paypal and not CC?
"Ben Roller" <broller@mail.clemson.edu> wrote in message news:G3EIK6.5t2@lugnet.com... (...) goods. (...) and (...) charge (...) what I (...) CA, (...) according (...) them in (...) MasterCard (...) I don't know if this is applicable since (...) (24 years ago, 2-Nov-00, to lugnet.market.services)

Message is in Reply To:

		Re: Can we all agree to do eCheck payments with Paypal and not CC?
"Larry Pieniazek" <lpieniazek@mercator.com> wrote in message news:G3Dy2H.Bn9@lugnet.com... (...) I assume you are referring to charges borne by international account holders (non-US). From the Policy Changes page: ===...=== International Payments (...) (24 years ago, 2-Nov-00, to lugnet.market.services)

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