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Q: Is the merchant allowed to charge the customer the fee that the merchant is charged by Visa or Mastercard for accepting payment with the credit card?
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Why do the merchants charge the processing fee in credit cards?

Merchants can now apply fees to credit card transactions and recover some of their own processing costs, VISA and MasterCard recently changed the basic merchant fees regulations and allowed the merchant to apply such fees:


Can a bank decline your debit card transaction to any merchant?

Usually if the bank has had several claims that a merchant has tried to scam a customer, they block the merchant from making anymore transactions. You could call your bank and tell them you want to make the transaction and usually they will white list your account so you can make a transaction with the merchant. If the bank says they won't allow you to, take a look at their Terms of Service, you signed that legal contract, so if it says they're allowed to decline any transaction then yes they are allowed.


Discount received from the supplier or allowed to customer for making the early payment of due is termed as..?

Trade Discount


What are the advantages and disadvantages of putting out system?

One advantage was there were only the merchant and the rural worker in the partnership. This allowed their relationship to be simpler and share a common goal: to make profit and increase capital. There were also no regulations which allowed the workers and merchants change procedures as they saw fit. But a disadvantage of this was it discouraged the development of new methods


What is the difference between cash discount and trade discount?

Difference between trade discount and cash discount are as follow:1)on the basis of objective:td: this discount is allowed to increase sales.Cd: this discount is allowed to motivate the customer to pay early.2)basis:td: it is allowed on the list price of the goods.Cd: it is allowed on the amount to be paid.3)entry in the books:td:it may be stated as information,but it is not recorded in the books of account.Cd: it is recorded in the books of accounts.4)entry in invoice:td: it is stated in the invoice.Cd: it is not shown in the invoice.5)receiver:td: it is allowed to all customer, wethers cash or credit.Cd: it is not allowed to all customer.6) rate:td: rae of trade discount is generally higher than the cash discount.Cd: rate of cash discount is generally lower.

Related questions

How do you use rupee in a sentence?

"The merchant and his customer argued in Balti for a few minutes, but finally, the merchant gave in and allowed his sculpture to be sold for 290 rupees."


Why do the merchants charge the processing fee in credit cards?

Merchants can now apply fees to credit card transactions and recover some of their own processing costs, VISA and MasterCard recently changed the basic merchant fees regulations and allowed the merchant to apply such fees:


Do the merchant lose the money if the customer use stolen credit card?

Yes, assuming the victim discovers the problem and reports it. It's called a "charge back" and if too many are accrued to a merchant, that merchant not only loses all the money that was stolen but will also lose the "merchant account" and not be allowed to take credit cards any longer.


Can a bank decline your debit card transaction to any merchant?

Usually if the bank has had several claims that a merchant has tried to scam a customer, they block the merchant from making anymore transactions. You could call your bank and tell them you want to make the transaction and usually they will white list your account so you can make a transaction with the merchant. If the bank says they won't allow you to, take a look at their Terms of Service, you signed that legal contract, so if it says they're allowed to decline any transaction then yes they are allowed.


What are the limits of what you are allowed to do in customer services?

what are your limits of what you are allowed to do


Were merchant fleets allowed to operate independently within Carthages sphere?

Yes.


Who is the merchant of Venice?

Although Shylock is the best-known character from the play, Shylock is not a merchant. He is a usurer-which is the only job Jews were allowed to have in Venice back then. A usurer is a person who lends money and makes money from it by charging interest. The merchant in The Merchant of Venice is Antonio. A merchant sells and trades.


Can a business owner put their hands on a customer?

Without Customer Consent, No. The Business owner is not allowed to touch the customer without their consent.


What was the name of the American merchant ships that were allowed to attack British ships during the revolution?

privateers


Which ships of the U.S. were also allowed to arm themselves as protection against submarines?

Merchant Ships


What refers to accepting the idea that all people should be allowed to reflect their cultural background through their behavior?

Tolerance


A(n) (Blank) assignment is when a provider does not bill the patient for the difference between the service cost and Medicare allowed.?

accepting