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      05-20-2008, 06:44 AM   #81
Jack in Jax
Second Lieutenant
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Drives: Pearson 424 Ketch
Join Date: May 2008
Location: Jacksonville FL

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"No Surcharging": "Always treat VISA transactions like any other transaction;that is, you may not impose a surcharge on a VISA transaction. You may,however, offer a discount for cash transactions, provided that the offer is clearly disclosed to customers and the cash price is presented as a discount from the standard price charged for all other forms of payment"

This requirement seems to be met by the dealer offering a below-MSRP for a 'cash sale' but stating to VISA that it is willing to accept the card for the MSRP price. Perhaps some Sales Managers have approved CC purchases at some times in the past (end of the month; below quota; hangar queen they need to unload) but my sense is that dealers will be able to successfully reject CC purchases without losing their VISA Merchant status, provided the negotiated price is below MSRP.

Jack
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