Do Your Gas Stations Charge More For Credit Cards?

Posted on May 11, 2009 by LCT Magazine

LINDA MOORE ASKS: I am not sure about your geographic area but in New Jersey gas stations post two prices: one for cash and one for credit. Why is that they can do this and other industries can’t? In the merchant agreement you sign with the credit card companies you are clearly prohibited from doing this. If anyone has further insights, please let me know why gas stations are able to do this? Is this a state by state thing? 

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