Need A Financial Product Forums Bank Accounts & Deposits Extra charge by shopkeeper on paying through credit card

This topic contains 1 reply, has 2 voices, and was last updated by  Kirtikumar 2 years, 11 months ago.

Viewing 2 posts - 1 through 2 (of 2 total)
  • Author
    Posts
  • #46789

    Kirtikumar
    Member

    In a jewellery shop, when I gave my credit card to the shopkeeper, he said if I pay using card then 2.5% will be charged extra. I have shopped many times using credit card but I have never paid any extra amount. My question is ? is it legal for a shopkeeper to charge like this?

    #46790

    It is not a right practice. On every swipe, shopkeepers have to pay transaction fee. Thus they get a lesser amount than what customers pay to them. In order to cover this reduction, they ask their customers to pay extra on making payment through card.

Viewing 2 posts - 1 through 2 (of 2 total)

You must be logged in to reply to this topic.

About Us

Simplypaisa, a web initiative by Elite Wealth Advisors Ltd, has the primary objective to help readers make smart financing decisions. What is smart finance? How to make smart financing decisions to procure assets or to meet one’s personal needs? Information is critical to make smart financing decisions: be it to purchase your dream house, a car, to start a business or to enable an entrepreneur to meet his/her working capital needs.Read More...

GET IN TOUCH WITH US

Elite Wealth Advisors Ltd.
S-8, DDA Shopping Complex,
Near Jeevan Anmol Hospital,
Mayur Vihar Phase-1, Delhi-110091.
Phone No: 011-42445800
Email : connect@simplypaisa.com