[153670] in North American Network Operators' Group
Re: Dear Linkedin,
daemon@ATHENA.MIT.EDU (Jimmy Hess)
Sun Jun 10 11:42:53 2012
In-Reply-To: <201206101058.q5AAwujs033602@aurora.sol.net>
Date: Sun, 10 Jun 2012 10:42:16 -0500
From: Jimmy Hess <mysidia@gmail.com>
To: Joe Greco <jgreco@ns.sol.net>
Cc: NANOG <nanog@nanog.org>
Errors-To: nanog-bounces+nanog.discuss=bloom-picayune.mit.edu@nanog.org
On 6/10/12, Joe Greco <jgreco@ns.sol.net> wrote:
[snip]
> That and a "minimum charge" are among the two most common merchant
> For MasterCard violations, report them!
In the US, Credit card processing networks were forbidden from
prohibiting merchants from establishing certain "minimum charges" to
use a CC, merchants may also charge an extra fee to use a CC; see,
the Dodd-Frank Wall Street Reform and Consumer Protection act Of 2010;
S 1075 page 693.
"
(3) LIMITATION ON RESTRICTIONS ON SETTING TRANSACTION MINIMUMS OR
MAXIMUMS. (A) IN GENERAL.=97A payment card network shall not,
directly or through any agent, processor, or licensed member of the
network, by contract, requirement, condition, penalty, or otherwise,
inhibit the ability (i) of any person to set a minimum dollar value
for the acceptance by that person of credit cards, to the extent that
(I) such minimum dollar value does not differentiate between issuers
or between payment card networks; and (II) such minimum dollar value
does not exceed $10.00 =85
"
> violations I see.
> For MasterCard violations, report them!
> http://www.mastercard.us/support/merchant-violations.html
> ... JG
--
-JH
