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Discussion: Dumb question...

Posted Discussion
March 24, 2011
Men's 55
62 posts
Dumb question...
Why is there a 3% surcharge if you pay with a Visa or Mastercard? It would seem to me that this would be more efficient than paper forms and checks in the mail. Perhaps SSUSA could set up a PAYPAL account and automate payments? Just wondering...
March 24, 2011
Men's 60
496 posts
PayPal charges the same. To me its 3.5% I take all cards in my business. I just choose to eat it. Some businesses do not choose to eat the extra $$. Its not uncommon for a business to charge the consumer for processing. The County of Riverside charged me $45 on property tax CC transaction. I now go to the county office after that charge EEEERRRRR
March 24, 2011
Men's 65
4549 posts
I've seen surcharges of up to 8% for CC use.
Check you local gas stations out, the CC v cash price differences is usually the surcharge difference.
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