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<p>[QUOTE=&quot;-jeffB, post: 1173337, member: 27832&quot;]Where&#039;s the mystery? CC companies take a flat fee plus a hefty percentage off the top of every transaction, and there&#039;s the risk of charge reversals. I don&#039;t know what the overhead is on check or wire transfers, but I&#039;m guessing it must be smaller.</p><p><br /></p><p>If the CC companies didn&#039;t collude to prohibit it, <i>every</i> merchant would impose a surcharge on credit-card payments, passing their own costs through. Instead, the merchants have to fold that cost into their pricing, in effect making those who pay with cash and check subsidize customers who use cards. (This may actually be a naive view, as handling cash and checks also entails overhead.)</p><p><br /></p><p>APMEX and others couch their policy as &quot;cash discount&quot; instead of &quot;surcharge&quot;; I&#039;m not sure how they manage to get it past the CC companies.[/QUOTE]</p><p><br /></p>

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