deise08 wrote: » I thought that minimum spend was not allowed? Thought I read somewhere that they have an agreement with the card suppliers, and if they force a minimum spend on customers they are breaking that agreement?
Bobblehead Panda wrote: » Yeah, I've read that on Boards before. I found this when I did a search.
Can I set a minimum transaction value? No, you may not set any minimum limit on credit and debit card transactions.
same ol sh1te wrote: » I've done that. Went to a checkout with a roll and coffee, the assistant said 'we don't accept card transactions for less than a tenner'. I said 'i hope you take 2 sugars' and just walked out.
The Cunning Linguist wrote: » Carry cash too you slaphead. It's bad enough standing in a queue to buy my sunday paper when some bellend pulls out his card to pay a €3.50 bill.
ukoda wrote: » no i believe thats incorrect, its more like 0.05% capped at a maximum of 20 or 30 cent where are you getting that figure from?
Senna wrote: » The business I work for is charged 1.5%, I think the figures you are thinking of is the old laser rates, which were definitely lower, but I wouldn't know what they were. I know AIB and fexico were both charging 1.5% for visa debit transactions, maybe larger shops get better rates.
MadYaker wrote: » No. Businesses get charged by the card companies on a per transaction basis. So if you are spending less than a certain amount the cost of the transaction can cancel out the profits of the sale, that is why there are sometimes transaction limits. It's generally in smaller businesses as they have to pay more for card services.
Senna wrote: » Remember Laser cards, business paid very little commission on those transactions but banks realised they were losing out so replaced them with visa debit.
markpb wrote: » I've never heard of any business being charged a percentage for debit cards, it's usually a fixed amount somewhere between 13 and 25c. Credit cards are all charged a percentage. This isn't an Irish thing, it's pretty common worldwide. I wonder if the person who told you the rates made a mistake between them. That's a lovely conspiracy theory but it's slightly off the mark. Laser cards only worked in Ireland so they, like all the other national debit card schemes, were made illegal by the first round of SEPA legislation passed by Europe. Visa Debit won out and the banks decided to push up the MSC for handling it, probably because Visa are charging them more than IPSO used to.
Senna wrote: » Just so happens the banks make a huge amount more profit out of visa debit than Laser, of course the banks didn't want that.
daveohdave wrote: » Leave the goods on the counter and walk out.
same ol sh1te wrote: » If more did the same they'd soon change their policy
Mint Aero wrote: » Only in Ireland
ukoda wrote: » Yes they do, it's about twice laser. But I'm sorry, it's not charged at a % it's a fixed fee, as per the article I posted above You really must be looking at credit cards What you are claiming is a long the lines of "Believe what you want, but I know that in our office water boils at 80 degrees" it's kinda hard to believe....
Senna wrote: » The difference is, we both know at what temp water boils, but in this case I do know the charges, you are just disagreeing as they sound expensive. I'm on the phone here, but below is the first link on Google the fees being charged to retailers for using the new Visa debit cards are up to 5,000pc higher than for Laser. When you buy something with a Laser card, there is a fixed charge of 15c. But the new Visa cards have charges imposed on retailers of up to 1.55pc per transaction. On a €500 purchase, this will mean charges for the retailer of 15c for a Laser card, but €7.75 for the new Visa debit cards -- a rise of more than 5,000pc. - See more at: http://m.independent.ie/business/personal-finance/latest-news/customers-to-suffer-as-shops-pass-on-hike-in-card-fees-26760577.html#sthash.euS3asbE.dpuf
Shakespeare's Sister wrote: » Why the **** blame the counter-assistant? Would they? Soon? It's not in place just to annoy you you know. I don't understand people never carrying cash anyway. Seems pretentious. It's hardly risky to have a €20 note in your wallet. It is?
The Purveyor of Truth wrote: » I'm more annoyed about the additional fees for phone and ESB top-ups. Payzone do not approve of these fees by the way, and so report them when you see them. I heard that the shop across Tesco in Crumlin had their Payzone machine taken off them for charging these fees, hopefully this will keep happening until there is an end to shops doing this.
rob316 wrote: » You should take issue with the phone companies instead who are wholesaling the credit to retailers at a price higher than what you pay. Yes report the retailers because god forbid the corner shop don't make a loss on the service they provide. Consumers love to be all high and mighty until they actually run a business themselves.
cillit_bang wrote: » One thing that has f***ING annoyed me to no end in the last few months is business putting a 'minimum spend' on cards. It's so infuriating, more and more people are moving to using less cash and they still have this rule, which is wildly variable depending on the business. Why are they refusing business!? Most don't even put up a sign to say about the minimum spend.
irishgeo wrote: » Its against both visa and Mastercard merchant rules. Report the various business and Mastercard and visa will come down heavy on them. They dont like it very much.
JustAddWater wrote: » Who do you report them to? Couldn't find much info online!
FTA69 wrote: » This used to break my heart when I worked in a pub. Balls to the wall busy with matches on a Sunday and you have a queue of nobends who are looking to pay for their lemonades separately and on cards. Am I the only one who would be embarrassed to pay for an orange juice on a debit card?
cillit_bang wrote: » Imagine, in a perfect world, where only cards were accepted. Imagine all of the hassle that would be taken away for shops with cashing up. The sheer amount of accounting that would automatically be done by software would be immense. That alone would be a massive saving on man power and thus, costs.
B.A._Baracus wrote: » I wouldn't call that a perfect world :pac: We all know the deal with banks ... make money off your money. But no cash? They would cream in their pants. Charging a percentage for every transaction and everyone has to pay by card? ... why dont we all just sign our lives away to banks :pac:
