Companies are Cutting Back on Taking Credit Cards as Payment

[i am herdman]

I know our company is. No credit cards over 5k transaction and if you do we are now hitting you with a fee. When I got the house painted they told me if I paid with card there was a fee. So, I paid with a check.

This weekend I got two bills emailed for the people that treat the lawn. Previously, I had gone on-line and paid with my credit card. When I went to pay these invoices this weekend their on-line payment system would only dank bank routing numbers to draft it from my bank account. No credit card payment option.

Guess, what didn't do it. They are getting an electronic check mailed out my bank account. I am not giving some local lawn treatment company my routing numbers. It may be secure. But, I am not taking the risk. They can just wait for it to be mailed.

I understand where they are coming from. I get it that the credit card fees are dinging them. But, they need to understand where I am coming from as a consumer. I have choices and if they want to wait on their money so be it. They have their way of doing business and I have a way of doing mine.

 

[-CarlHungus-]

I’ve run into this too.

I like the BB&T online electronic check mailed via snail mail for things like this. I put it in online then the bank mails it.

I’d obviously prefer credit card though (for points, etc).

 

[i am herdman]

I’ve run into this too.

I like the BB&T online electronic check mailed via snail mail for things like this.

I’d obviously prefer credit card though (for points, etc).

That is what I do. On-line check and they get it snail mail. I am not even going to write and old fashioned check, fill out the envelope, and put a stamp on it. They can wait if that is the way they want to do it.

 

[Y.A.G Si Ye Nots]

Guess, what didn't do it. They are getting an electronic check mailed out my bank account. I am not giving some local lawn treatment company my routing numbers. It may be secure. But, I am not taking the risk. They can just wait for it to be mailed.

You realize that when you gave those Central American painters your check, it shows not only your routing number but also your account number on it, right? You realize that when you have an electronic check mailed by snail-mail it also shows your routing and account numbers, right?

 

[i am herdman]

You realize that when you gave those Central American painters your check, it shows not only your routing number but also your account number on it, right? You realize that when you have an electronic check mailed by snail-mail it also shows your routing and account numbers, right?

The Central American painters did not get the check. The owner of their company did and I know him.

Furthermore, it is the principle of the matter. They want to do business a certain way. Then, so do I.

It is also more of a security risk to give the routing number and account number on line. What do you do if, Small Bill Bob Lawn Company, keeps withdrawing money and drafting it? Sure, they could try with a check, but that is a little bit harder. On-line touches more hands. NO way, I am giving some small company an on-line access to my back account Numbers. Dude might go bankrupt and then start drafting money or something. You never know.

 

[Y.A.G Si Ye Nots]

It is also more of a security risk to give the routing number and account number on line. What do you do if, Small Bill Bob Lawn Company, keeps withdrawing money and drafting it? Sure, they could try with a check, but that is a little bit harder. On-line touches more hands. NO way, I am giving some small company an on-line access to my back account Numbers. Dude might go bankrupt and then start drafting money or something. You never know.

I'm not sure you understand how it works, and BC can further elaborate.

By having an "electronic check" snail-mailed to them, like you said you were doing, they still can see your routing and account numbers. It is no different than handing them a regular check . . . or mailing them a regular check. In fact, many companies now will take your regular check that is handed/mailed to them and turn it into an electronic check by using the account and routing numbers from it. They get their money faster (and it is drafted from your account faster).

The small lawn company has no more chance of illegally using your "back account numbers" from an electronic check (regardless if done online or mailed to them) than they get from having you hand them a regular check.

 

[i am herdman]

I'm not sure you understand how it works, and BC can further elaborate.

By having an "electronic check" snail-mailed to them, like you said you were doing, they still can see your routing and account numbers. It is no different than handing them a regular check . . . or mailing them a regular check. In fact, many companies now will take your regular check that is handed/mailed to them and turn it into an electronic check by using the account and routing numbers from it. They get their money faster (and it is drafted from your account faster).

The small lawn company has no more chance of illegally using your "back account numbers" from an electronic check (regardless if done online or mailed to them) than they get from having you hand them a regular check.

I am thinking there is more of a risk of setting up an auto draft(by mistake or on their part) with the on-line feature.

Plus, all these companies wanting to stop credit card usage is becoming more common.

 

[extragreen]

The Central American painters did not get the check because the owner of their company is white. The owner of the lawn care company is brown and I'm not letting him/her see my account info either,

 

[i am herdman]

You are an idiot. How the hell do you know who is what?

 

[extragreen]

You are an idiot. How the hell do you know who is what?

You seem to think you hide your bigotry, but it's an open book. moron.

 

[herdfan06]

I am not giving some local lawn treatment company my routing numbers.

Routing numbers are very easy to locate online, especially with a nifty tool called Google.

 

[i am herdman]

You seem to think you hide your bigotry, but it's an open book. moron.

We are talking about credit card fees and bank transactions and you throw a dumb race card out. GO get help.

 

[i am herdman]

Routing numbers are very easy to locate online, especially with a nifty tool called Google.

Yehh but they need the account number as well.

 

[extragreen]

We are talking about credit card fees and bank transactions and you throw a dumb race card out. GO get help.

The race card is applicable to you ...always.

 

[i am herdman]

The race card is applicable to you ...always.

Why do you constantly ruin every thread?

 

[herdfan06]

Why do you constantly ruin every thread?

Would you accept ExtraGreen no longer posted here if it meant all of the former female posters returned?

 

[i am herdman]

Would you accept ExtraGreen no longer posted here if it meant all of the former female posters returned?

Maybe

 

[extragreen]

Why do you constantly ruin every thread?

Why do you constantly whine??

 

[i am herdman]

Why do you constantly whine??

Discuss topic. Try hard

 

[mlblack16.]

Would you accept ExtraGreen no longer posted here if it meant all of the former female posters returned?

Uh... CuntryRoads, Dtard, Greed, Herdbuckeye

The female posters are all here.

 

[extragreen]

Discuss topic. Try hard

Your whining and being a bigot is the topic.

 

[i am herdman]

Your whining and being a bigot is the topic.

No, it wasn't. Nice try though.

 

[extragreen]

No, it wasn't. Nice try though.

It wasn't a "nice try", it's a fact.

 

[big_country90]

I am thinking there is more of a risk of setting up an auto draft(by mistake or on their part) with the on-line feature.

Plus, all these companies wanting to stop credit card usage is becoming more common.

Rifle is correct in that when you pay through online banking, the bank sends a paper check on your behalf. That check has your routing and account number on it, and basically we are just writing the check instead of you.

A paper check is much easier to dispute and put a stop payment to than an ACH, which is an electronic transaction. If someone processes your routing and account number electronically, it’s nearly impossible to stop. There are preventative measures you can take, but even those aren’t fool proof.

I love online bill pay. I pay my bills in 5 minutes or less, each pay day. Very convenient. I am at no greater risk doing it that way, because the result is the same as if I had paid it myself: the electric/water/garbage company receives a check with my account info on it. Automatic payment is usually set up with the electric/water/garbage company directly, not through your bank. Don’t confuse the two.

 

[i am herdman]

Holy cow...a topic of which I’m


Rifle is correct in that when you pay through online banking, the bank sends a paper check on your behalf. That check has your routing and account number on it, and basically we are just writing the check instead of you.

A paper check is much easier to dispute and put a stop payment to than an ACH, which is an electronic transaction. If someone processes your routing and account number electronically, it’s nearly impossible to stop. There are preventative measures you can take, but even those aren’t fool proof.

I love online bill pay. I pay my bills in 5 minutes or less, each pay day. Very convenient. I am at no greater risk doing it that way, because the result is the same as if I had paid it myself: the electric/water/garbage company receives a check with my account info on it. Automatic payment is usually set up with the electric/water/garbage company directly, not through your bank. Don’t confuse the two.

I pay all my bills on-line using bill pay. They wanted me to pay through an electronic invoice they sent. When you clicked on the pay option the only thing you could do is pay through electronic funds transfer. I just went into my bill bill pay where I had set them up previously and did the on-line banking through my account.

 

[alphasig1053]

We are talking about credit card fees and bank transactions and you throw a dumb race card out. GO get help.

His type of help is paying 1000s of dollars to a cult to tell him how wonderful he will be after he writes them another check.

 

[Y.A.G Si Ye Nots]

I pay all my bills on-line using bill pay. They wanted me to pay through an electronic invoice they sent. When you clicked on the pay option the only thing you could do is pay through electronic funds transfer. I just went into my bill bill pay where I had set them up previously and did the on-line banking through my account.

This is the guy who claims I spend a lot of time (two minutes) looking at which flights on Google Air can save me hundreds of dollars.

 

[GK4Herd]

I pay everything online through electronic draft. But the only thing I can’t make myself do unless I don’t have a choice is the auto draft. I want to look at the bill before they draft. I feel like I’m not in control when it’s automatic. For example, once I had an exorbitant water bill. It was a misread meter reading. With the auto deduct I would have likely had the draft prior to settling the issue. The refund would have likely been in a form of credit or a painfully drawn out refund process.

I have my insurance auto draft because I get a discount and the premium is contractual. But utilities and items with variable payment amounts...I’m not comfortable with. But even the few payments I do have auto draft I have some issues. For example, I had to get a new debit card because of a faulty chip. Well...I’m already getting cancellation notices from Netflix and Sirius XM. Which brings up another issue. When SiriusXM renews I usually allow it to go to cancellation and I get a series of offers, each better than the last one. For two years I got an annual renewal for a little over $100. I liked paying annual and being done for the year. This year I kept waiting for cancellation notices at the end of the contract and never got one. Then I notice a charge on my card from them at $21. Evidently the fine print called for an auto renewal monthly. So now I’m paying double what I have been. I haven’t gotten the energy to take that on yet. Maybe the canceled card will give me a chance to negotiate, but I’m guessing when it auto renewed it locked me into monthly for an annual contract.


But bill pay on line...love it. Monthly auto drafts...I don’t care for them.

 

[i am herdman]

This is the guy who claims I spend a lot of time (two minutes) looking at which flights on Google Air can save me hundreds of dollars.

I have to pay my bills. Bill pay through my bank is the fastest way. Haven't balanced a check book in years and years. Pretty much as easy as 1,2,3 now.

4 short sentences. Not an essay.

 

[extragreen]

His type of help is paying 1000s of dollars to a cult to tell him how wonderful he will be after he writes them another check.

Look ^^^^yet another idiot.

 

[Bankerreturns]

BC can correct me if this has changed, but it is/was a violation of the contract between merchants and the credit card companies for the merchant to charge an additional amount to a customer for using a credit card. To do so would result in the merchant losing the ability to accept credit cards altogether. The only exceptions I am aware of are for payments to government entities and quasi entities such as colleges.

The work around has always been to offer a cash discount, since you weren't allowed to up charge for the credit card. The issue now is that guys like BC (and formerly me) run around trying to get companies to sign up for credit card purchasing programs extolling the benefits of buying everything with cards. You can make some pretty good cash back if you buy millions of dollars of stuff every year on credit cards. Since bankers have been good at selling this benefit, the vendors are getting fed up with laying out 1.5-2.5% of sales to the credit card companies.

 

[Y.A.G Si Ye Nots]

BC can correct me if this has changed, but it is/was a violation of the contract between merchants and the credit card companies for the merchant to charge an additional amount to a customer for using a credit card. To do so would result in the merchant losing the ability to accept credit cards altogether. The only exceptions I am aware of are for payments to government entities and quasi entities such as colleges.

The work around has always been to offer a cash discount, since you weren't allowed to up charge for the credit card. The issue now is that guys like BC (and formerly me) run around trying to get companies to sign up for credit card purchasing programs extolling the benefits of buying everything with cards. You can make some pretty good cash back if you buy millions of dollars of stuff every year on credit cards. Since bankers have been good at selling this benefit, the vendors are getting fed up with laying out 1.5-2.5% of sales to the credit card companies.

It's been legal for many years now in most places. Texas was one of just a handful of states that had banned merchants from charging more for credit card use.

For the first 1.5 years I lived here, I routinely gave a donut franchise shit for them trying to put a minimum sale on me if I used a credit card. I always would get two donuts, but their two donuts came to just over $2. Paying cash sucked because I'd get stuck with about $.95 cents, and nobody wants to deal with change. I also didn't always carry three $1 bills and/or have cash on me, so I'd want to pay with a card. They priced their donuts so that in order to use a credit card, I'd have to buy three donuts (so they'd make an extra dollar) instead of the usual two that I wanted.

My options were to waste more than a dollar on a third donut that I didn't want or make sure I have at least $3 and get stuck with $.95 each time. About a half-dozen times, I'd order two donuts, have them put them in the bag, then present my credit card only to have them tell me about their rule and ask if I wanted to select a third donut to raise the total to over $3 or if I'd rather just have them charge me $3 for two donuts. I'd end up telling them that it is illegal to do in Texas, that I could just walk across the street to get my donuts from the grocery store, they'd ask the owner (an Asian man with bad English, surprise, surprise), and he'd say "Only 'dis time I let you do 'dis." I'd explain to him that what he was doing was illegal, and he wouldn't even acknowledge what I was saying. Eventually, they got sick of my shit, I got sick of having to battle them each time I went there, and my stomach started pooching out over my pecker, so I stopped eating so many donuts.

A few months later (end of 2018 or early 2019), somebody in Texas challenged the law, and the Supreme Court ruled that merchants charging for credit card use and/or having a minimum charge for credit card use was legal as long as they were up front about it.

 

[herdfan06]

You can make some pretty good cash back if you buy millions of dollars of stuff every year on credit cards. Since bankers have been good at selling this benefit, the vendors are getting fed up with laying out 1.5-2.5% of sales to the credit card companies.

In many cases, you can save even more by paying cash with the 2.5%+ discount than the typical 1% (yes, different credit cards offer different amounts) you are getting back in the form of points. A perk with the credit card points is they not taxed because they are considered a discount, not a perk. Yes, I know, you are well aware of this.

 

[Raoul Duke MU]

SiriusXM

Just call and haggle with the foreign lady on the phone (I swear, for me it has always been a foreign lady). Tell her it costs too damn much. There are websites that will tell you what hagglers are currently getting. I got six months of Select for $25.

 

[herdfan06]

Just call and haggle with the foreign lady on the phone (I swear, for me it has always been a foreign lady). Tell her it costs too damn much. There are websites that will tell you what hagglers are currently getting. I got six months of Select for $25.

Price too high.

 

[Raoul Duke MU]

Price too high.

Sum Ting Wong.

 

[Y.A.G Si Ye Nots]

Just call and haggle with the foreign lady on the phone (I swear, for me it has always been a foreign lady). Tell her it costs too damn much. There are websites that will tell you what hagglers are currently getting. I got six months of Select for $25.

I just looked at what I pay. On one car it is $7.78/month after all taxes and fees. Another car is still on the introductory offer which I believe is about what Raoul is paying for six months.

When I noticed my price jump to something around $14.99/month, I called to pretend that I wanted to cancel. The rep then said she had a special which would get my price down to $9/month. I said that it was still too high and wanted to cancel, at which point, she was able to "find" the $6/month price.

 

[GK4Herd]

Is SiriusXM an annual contract or does it renew month to month?