The Supreme Court on Friday tossed out a lawsuit against American Express challenging its rules prohibiting merchants that accept its card from persuading shoppers to use credit cards that charge lower swipe fees.
If merchants are going to accept amex then they shouldn't be steering customers. Either you take amex or you don't. I don't want to see an amex decal in the window and then go in order my meal or pick out what I want to buy and then feel pressured to use a different credit card.
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@SOGGIE wrote:
@gdale6 wrote:The Supreme Court on Friday tossed out a lawsuit against American Express challenging its rules prohibiting merchants that accept its card from persuading shoppers to use credit cards that charge lower swipe fees.
Any INTELLIGENT merchant accepting Amex as well as other credit cards, would price their goods and services equally--factoring in a percentage of Amex sales and associated fees. I have never encountered such a situation, but should that day ever come, that merchant would not get my money for being STUPID. Ultimately, I decide from where I will shop, how much I'm willing to pay and how (which method) I'm willing to pay. My budget! My wallet! My decision!
I don't understand why somebody would get ANGRY over a card preference by a merchant. Walking out in a righteous huff wastes more energy than the $.15 more you'd make in rewards over using another card is worth.
I personally think more small businesses should partially follow the gas station model. Have a price based on the most often used card network. If somebody insists on using an Amex or Discover, add the difference in the swipe fee to the final sale.
How would Amex even enforce this rule?
