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Debit cards - merchant surcharges
I hope this is the appropriate forum for this question.
As many of us are aware, it goes against a merchant's contract with Visa or Mastercard to add a surcharge to a purchase or to impose a minimum purchase amount on customers when the customer is paying with a credit card. Do the same "rules" apply between merchants and the Canadian banks with respect to DEBIT card purchases? I suspect not, but I'm wondering if anyone knows for sure. This is strictly a question about purchases in Canada with Canadian debit cards. |
Originally Posted by j_the_p
(Post 12249746)
Do the same "rules" apply between merchants and the Canadian banks with respect to DEBIT card purchases? I suspect not, but I'm wondering if anyone knows for sure.
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Thanks gglave.
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