Jump to content

      













Photo
- - - - -

Cash only -- list of businesses not accepting Interac and credit cards


  • Please log in to reply
104 replies to this topic

#101 nagel

nagel
  • Member
  • 5,751 posts

Posted 24 May 2017 - 07:29 AM

I'm fairly certain you cannot put a minimum on a credit card transaction.  Of course who knows what VISA actually does if you do do it.



#102 Mike K.

Mike K.
  • Administrator
  • 48,740 posts

Posted 24 May 2017 - 07:39 AM

Depositing cash in to a business bank account also costs fees. In fact banks prefer that no cash is deposited because cash brings problems (armoured vehicles, mistakes when counting, counterfeit bills, increased possibly of earnings related to crime, and so on).

So one way or the other, the bank gets its fees. Unless the cash never makes it to the bank, of course.
  • sebberry and Matt R. like this

Know it all.
Citified.ca is Victoria's most comprehensive research resource for new-build homes and commercial spaces.


#103 sebberry

sebberry

    Resident Housekeeper

  • Moderator
  • 18,218 posts
  • LocationVictoria

Posted 24 May 2017 - 03:49 PM

I'm fairly certain you cannot put a minimum on a credit card transaction.  Of course who knows what VISA actually does if you do do it.

 

I think that's probably the case.  You also can't charge the customer a premium for using a CC.  However, one workaround is to put "Cash discounted price" on your menu board, and charge the additional fee when processing CCs

 

Mark Brennae on CFAX offered an apology for his reporting of this yesterday.  I don't think it's necessary.  Is he a talk-show host or a journalist?  There's a difference.  If he's paid to have an opinion and host a discussion, then I think he was in the clear. 


Victoria current weather by neighbourhood: Victoria school-based weather station network

Victoria webcams: Big Wave Dave Webcams

 


#104 VicHockeyFan

VicHockeyFan
  • Suspended User
  • 52,121 posts

Posted 24 May 2017 - 04:16 PM

Was he told by the boss to apologize maybe?
<p><span style="font-size:12px;"><em><span style="color:rgb(40,40,40);font-family:helvetica, arial, sans-serif;">"I don’t need a middle person in my pizza slice transaction" <strong>- zoomer, April 17, 2018</strong></span></em></span>

#105 sebberry

sebberry

    Resident Housekeeper

  • Moderator
  • 18,218 posts
  • LocationVictoria

Posted 24 May 2017 - 04:18 PM

Was he told by the boss to apologize maybe?

 

I think he said he was told to address it, not necessarily apologize. 


  • VicHockeyFan likes this

Victoria current weather by neighbourhood: Victoria school-based weather station network

Victoria webcams: Big Wave Dave Webcams

 


 



0 user(s) are reading this topic

0 members, 0 guests, 0 anonymous users