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Jay Honeck wrote:
One lesser known fact about credit card companies is that they will screw the VENDOR far more readily than they will their customers. has American Express or Diners Club done the same to you? (just curious) We'll never know -- I threw BOTH of them out right after we opened, after they tried to charge us 5% for each transaction. (The other cards -- Visa, Mastercard & Discover -- charge us "only" 4% for the privilege of "working" with them.) Given this, why don't people like yourself offer discounts for cash any longer? Seems like less use of credit cards would be to your advantage. Are there other reasons that make credit cards convenient from the vendor viewpoint? Matt |
#2
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In a previous article, said:
Jay Honeck wrote: they tried to charge us 5% for each transaction. (The other cards -- Visa, Mastercard & Discover -- charge us "only" 4% for the privilege of "working" with them.) Given this, why don't people like yourself offer discounts for cash any longer? Seems like less use of credit cards would be to your advantage. Probably a violation of their agreement with the credit card company if they did. -- Paul Tomblin http://xcski.com/blogs/pt/ Don't even get me started on the MCSEs I know. It's a miracle of modern technology that some of these fsckwits still draw breath, much less a paycheck. -- Marc Bowden |
#3
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In article ,
they tried to charge us 5% for each transaction. (The other cards -- Visa, Mastercard & Discover -- charge us "only" 4% for the privilege of "working" with them.) Given this, why don't people like yourself offer discounts for cash any longer? Seems like less use of credit cards would be to your advantage. Probably a violation of their agreement with the credit card company if they did. Can't speak for Jay but that's a common clause. I've dealth with two small busniess that gave cash discounts, and they got letters from Visa (have no idea how anyone found out) saying they had to stop that. Visa also has rules about what kind of fees you can charge too, my University is in voliation of that agreement and last time I checked 2 students were suing the University over it ![]() |
#4
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![]() "Matt Whiting" wrote in message ... Jay Honeck wrote: One lesser known fact about credit card companies is that they will screw the VENDOR far more readily than they will their customers. has American Express or Diners Club done the same to you? (just curious) We'll never know -- I threw BOTH of them out right after we opened, after they tried to charge us 5% for each transaction. (The other cards -- Visa, Mastercard & Discover -- charge us "only" 4% for the privilege of "working" with them.) Given this, why don't people like yourself offer discounts for cash any longer? Seems like less use of credit cards would be to your advantage. Are there other reasons that make credit cards convenient from the vendor viewpoint? The fact that many people don't have the cash to buy good or services with them is all the reason you need to accept credit cards. Few companies/businesses can get away with shunning credit cards these days. You lose business if you don't accept them. this should be obvious. Matt |
#5
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We'll never know -- I threw BOTH of them out right after we opened, after
they tried to charge us 5% for each transaction. (The other cards -- Visa, Mastercard & Discover -- charge us "only" 4% for the privilege of "working" with them.) Given this, why don't people like yourself offer discounts for cash any longer? Seems like less use of credit cards would be to your advantage. Are there other reasons that make credit cards convenient from the vendor viewpoint? Mostly it's a personnel problem. Our rate structure (with 9 different kinds of suites, and a myriad of discounts) is so complex, I'd be afraid to throw a "cash discount" into the mix. However, I've been known to work out "side deals" for my Usenet friends... ;-) -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" |
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Here's another credit card mystery: Why the hell does ANYONE use any
card but Discover? Everyone else charges to use their cards, while Discover actually PAYS you to use their card -- yet they are a distant third or fourth in the industry. I have a Visa Platinum "rewards" card through Bank Of America, which I not only have setup auto-debit to my account for the outstanding balance every month (never a finance charge nor worry of late fee, plus I get free use of their money for 30 days), but they cut ME a check for $150 a year for using their card. I buy everything with it. But they don't seem to advertise it. The way I found out about it is I called to cancel my regular Visa, When they asked "why?" I said I use Discover which pays cash back. Then and only then did they say they had a competitive card; it actually pays twice what Discover does, plus Discover has gone to their silly $20 cash back increments. Definitely an excellent deal. |
#7
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In article Fuspd.85361$V41.50473@attbi_s52,
"Jay Honeck" wrote: has American Express or Diners Club done the same to you? (just curious) We'll never know -- I threw BOTH of them out right after we opened, after they tried to charge us 5% for each transaction. (The other cards -- Visa, Mastercard & Discover -- charge us "only" 4% for the privilege of "working" with them.) um, does making a reservation at your place require a credit card? My Visa card is really just a debit card (with a small daily limit). And my employer's wonderful travel policy requires me to use the Diners Club for business travel. Here's another credit card mystery: Why the hell does ANYONE use any card but Discover? Because almost every place that I need to use a credit card won't take Discover (self-serve pump at the airport, the aeroclub, etc). -- Bob Noel |
#8
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has American Express or Diners Club done the same to you?
(just curious) We'll never know -- I threw BOTH of them out right after we opened, after they tried to charge us 5% for each transaction. (The other cards -- Visa, Mastercard & Discover -- charge us "only" 4% for the privilege of "working" with them.) um, does making a reservation at your place require a credit card? If you want a "guaranteed" reservation, yep. If you want a "contingency" reservation -- where anyone who walks in the door with cash can bump you -- nope. -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" |
#9
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That ain't right. I can see the guarantee thing during a known busy weekend,
but if I make a reservation (contingency) and show up at or ahead of the reservation time just to find out you don't have a room because somebody else showed up before me with cash, I'm hauling somebody into court. mike regish "Jay Honeck" wrote in message news:Srcqd.164139$R05.153882@attbi_s53... If you want a "contingency" reservation -- where anyone who walks in the door with cash can bump you -- nope. -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" |
#10
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I should add that if I make the contingency reservation and am late then you
are free to rent the room out, but not before-guaranteed reservation or not. mike regish "mike regish" wrote in message news:XFdqd.108569$5K2.15879@attbi_s03... That ain't right. I can see the guarantee thing during a known busy weekend, but if I make a reservation (contingency) and show up at or ahead of the reservation time just to find out you don't have a room because somebody else showed up before me with cash, I'm hauling somebody into court. mike regish "Jay Honeck" wrote in message news:Srcqd.164139$R05.153882@attbi_s53... If you want a "contingency" reservation -- where anyone who walks in the door with cash can bump you -- nope. -- Jay Honeck Iowa City, IA Pathfinder N56993 www.AlexisParkInn.com "Your Aviation Destination" |
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