mccoypat94
Registered User
- Messages
- 137
No. However, they can have a minimum transaction amount.Can shops still charge for the use of a debit card for transactions
they can have a minimum transaction amount.
I heard before that some point of sale providers prevent retailers from applying a minimum transaction amount. Any truth to this?
That's pretty good considering you're talking about low value transactions. I'm assuming your bank charges you about that for cash handling fees if you were lodging cash? I agree with your post - shop keepers tend to get caught up with the card fee, and ignore all their other bank fees. It probably goes back to a mindset when it cost 50p each for processing card payments.Our total card fees for last month were a shade over 1% of the transaction value.
I'm not involved in the merchant side, but even if there is no limit on the physical device, the shop policy can dictate it - I've seen it in smaller shops where the device is behind the till and has to be handed to you.I heard before that some point of sale providers prevent retailers from applying a minimum transaction amount. Any truth to this?
That's pretty good considering you're talking about low value transactions. I'm assuming your bank charges you about that for cash handling fees if you were lodging cash? I agree with your post - shop keepers tend to get caught up with the card fee, and ignore all their other bank fees. It probably goes back to a mindset when it cost 50p each for processing card payments.
I'm not involved in the merchant side, but even if there is no limit on the physical device, the shop policy can dictate it - I've seen it in smaller shops where the device is behind the till and has to be handed to you.
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