FlyerTalk Forums - View Single Post - Using Credit Cards in China - The Great CC Rip Off (dynamic currency conversion)
Old Aug 10, 2011 | 9:22 pm
  #470  
anacapamalibu
Ambassador: China
 
Join Date: Oct 2005
Location: Malibu Inferno Ground Zero
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Posts: 4,836
[QUOTE=percysmith;16899920]
In fact, I've been seeing more Visa acceptance in China (anecdotally), now that they're allowed to rip cardholders off and gain revenue from card use rather than suffer losses from merchant fees - provincial city hotels and third-line golf courses in Shenzhen are happy to take Visa.
QUOTE]

Card Processing Salesperson:
You want to make more sales?

Merchant:
I don't want credit cards, fees to high, I lose money.

Card Processing Salesperson:

I can show you a way to cheat the foreign credit card customer so
you pay no fees.

Merchant:

OK, get me a terminal tomorrow and I want a big Visa Mastercard sign for
my window.

Card Processing Salesperson:

Done deal, sign here!^
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