[Jewelry making - Article 01129] - Re: [Orchid] Hagglers at your jewelry booth

[Mary Ellin D'Agostino]

========[ Invite a Friend - http://www.ganoksin.com/invite.htm  ]========

>     As a credit card merchant, you are technically doing a legal no- no
>     by offering a cash discount to discourage a credit card sale. Read
>     the fine print on the merchant agreement contract you signed and
>     you will find that rule.... 

    I believe this depends on your particular contract and how you
    structure such discounts. I think the contracts generally allow you
    to give a discount to cash purchasers. What you cannot do is have a
    base price to which you add a fee for card purchases. At least that
    is how my merchant card services agreements worked the last time I
    read them. 

Mary Ellin D'Agostino, PhD
www.medacreations.com
____________________________________________________________________
T h e   O r c h i d   L i s t
Open Electronic Forum for Jewelry Manufacturing Methods and Procedures
____________________________________________________________________
Orchid FAQ:
~ http://www.ganoksin.com/orchid/faq.htm
Orchid Archives:
~ http://www.ganoksin.com/orchid/archive
Orchid Galleries:
~ http://www.ganoksin.com/orchid/gallery.htm
Invite a Friend:
~ http://www.ganoksin.com/invite.htm
____________________________________________________________________
Tips From The Jeweler's Bench - Article Archive
~ http://www.ganoksin.com/borisat/tip_sear.htm
The Jeweler's Selected Bibliography List
~ http://www.ganoksin.com/jewelry-books
Buy Orchid Jewelry:
~ http://www.ganoksin.com/shop
____________________________________________________________________
-Unsubscribe:
-Email: orchid-request AT ganoksin.com Body=unsubscribe subject=blank
____________________________________________________________________