Will retailers start charging you more to use a credit card or give you a …
News from Plain Dealer:

 

Merchants in Ohio and most of other states could soon start charging you an extra fee if you pay with a credit card at a store or restaurant.

However, few if any merchants are expected to actually impose the charge, which likely would be 2 to 3 percent of a purchase.

The latest chapter in the regulatory battle involving banks, credit cards, debit cards and the powerhouse companies, MasterCard and Visa, has cast another spotlight on the whole payment system and how costs get passed along to almost all of us.

This time around, the focus is on so-called “check-out fees” that merchants are allowed to impose on consumers starting Jan. 27. The fees are possible thanks to a multibillion settlement last summer following a lawsuit filed in 2005 on behalf of 7 million merchants nationwide against MasterCard, Visa and a handful of major banks.

Part of the complaint said the credit card processors unfairly prohibited merchants from encouraging their customers to use cash or checks. Cash and checks cost the merchants less because they require no credit card or debit card fees to third parties.

Under the settlement, merchants can start charging customers more at the checkout counter to make up for those credit card fees. But merchants don’t control the fees they’re cha…………… continues on Plain Dealer

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Police: Man Tried To Use Dead Mom’s Credit Cards For Bar Tab
News from NorthEscambia.com:

A Cantonment man was arrested on five felony charges after allegedly trying to use his dead mother’s credit cards to pay a bar tab at an adult entertainment nightclub.

The Pensacola Police Department responded to the Babe’s Gentleman’s Club on North Davis Highway after 34-year old Noah Leigh Morris allegedly racked up a $ 347 bar tab and did not have a way to pay for it. Manager Sammy Smith told police that Morris was attempting to use his deceased mother’s credit cards to pay for the tab.

Morris told police he was going to pay with his mother’s credit cards, and that she had passed away two days prior. The office reported Morris showed his wallet containing seven credit cards with his mother’s name and then attempted to use his mother’s Discover Card to pay the tab. The card was denied, as was a card with Morris’ name on it.

As he was arrested, deputies found several controlled prescription pills on Morris’ person in an unlabeled pill bottle.

Morris was charged with swindling or defrauding an innkeeper, fraudulent use of credit cards and two counts of possession of a controlled substance without a prescription. He remained in the Escambia County Jail with b…………… continues on NorthEscambia.com

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