Reply to Hotel - 3% surcharge on credit cards

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]CC companies generally charge the business 3%. Small businesses (especially Mom & Pop type) [b]have always passed that 3% along to the customer.[/b] If hotels are now doing it, they are increasing their revenue by 3% by no longer paying the fee themselves.

This hardly seems legal in that a hotel bill can easily be in the 1000s. Who carries that kind of cash around, or leaves in their room when not out and about.[/quote]

You're a youngster.  Before 2013, it wasn't permitted.  But a bunch of merchants sued Visa/Mastercard for excessive fees and this was part of the settlement.[/quote]

Exactly. The fee was always a cost of doing business absorbed by the vendor. The only thing I remember as a kid having a different price cash vs credit was gas at the gas station. [/quote]

Just because the fee wasn’t itemized doesn’t mean you weren’t paying for it, the same way you pay a portion of all overhead - rent, electricity, internet, etc - any time you patronize a business. [/quote]

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