answersLogoWhite

0

Yes, a merchant can require a minimum credit card purchase amount. This practice is often implemented to cover transaction fees associated with credit card processing, which can be disproportionately high for smaller purchases. However, such policies must comply with the merchant's agreements with credit card companies and local laws, which may vary by location. It's important for merchants to clearly communicate any minimum purchase requirements to customers.

User Avatar

AnswerBot

1w ago

What else can I help you with?

Related Questions

Can a merchant require a minimum purchase amount before allowing you to charge a sale?

They often do to recoup their cost on a small purchase but their agreement with the issuer forbids it.


Can merchants place a minimum amount on credit card purchases?

A merchant can & will require a minimum purchase amount in some cases. The credit card company charges the merchant for each transaction. If a purchase does not exceed the amount they are being charged from the cc company, they can decline to process your card. Most merchants have a sign explaining their policy.


Is it legal for Conn's Appliances to require insurance on purchases?

No merchant can require or obligate any consumer to purchase any unwanted insurance on any item purchased in their facilities. It is illegal and you can actually bring that complaint to your local consumer affairs office or the Better Business Bureau.


Can a merchant require a minimum dollar amount for credit card charges?

interesting question. I think they probably do have the legal right to do it because they are charged a fee for every credit or debit card transaction. Usually it is 3% of the purchase price but I believe there is also aminimum they must pay.


What are the laws concerning replacement parts for consumer products?

Consumer protection laws require manufacturers to provide replacement parts for consumer products for a reasonable amount of time after purchase. This ensures that consumers can easily repair and maintain their products, extending their lifespan and value.


Can I obtain a merchant account with bad credit?

Merchant accounts typicaly require a credit check. Google Checkout is available without a merchant account.


Is it legal to for a retailer to have a minimum credit card purchase in Connecticut?

Yes, and it is not an uncommon practice in all states. There is no law that requires a retailer to accept credit cards either. VISA and Mastercard, however, don't allow merchants to require minimum purchase amounts. It's in their agreement contracts.


What type of car insurance does the bank require you to have?

If it is a purchase, they will require you to have comprehensive and collision coverage. Usually with no more than $500 or $1000 deductibles depending on the bank. If it is a leased vehcile they may also require you to have 100/300 minimum liability limits.


How much data storage does Google Docs allow?

Each account is offered a minimum amount of storage (1,024Mb). If you require more storage, you can purchase it from the site.


Do inhalers require a prescription for purchase?

Yes, inhalers typically require a prescription for purchase.


Where can one purchase an Arctic Cat Decal?

The best place to purchase an Arctic Cat Decal is eBay. There is a wide range of designs available and this gives a lot of choice to the consumer. If the product you require is not on eBay, try a specialist snowmobile store.


What are the requirements to join the merchant marines?

The requirements to join the Merchant Marines in the United States vary based on the type of job a person wants to do. At the very minimum, a person must complete a maritime training course and be of legal age.