[Novalug] Credit -- was Virtual Box or KVM

[James Ewing Cottrell 3rd]

  Perhaps it wasn't clear what I meant.

MC/Visa prohibit a Merchant from setting Minimal Amounts on credit card 
purchases.

Thus, if you want to charge a 5 cent piece of candy, the merchant can't 
stop you.

What you are talking about is the recent practice of not requiring 
signatures for charges less than a certain amount.

JIM

On 12/23/2010 3:53 PM, Jason Kohles wrote:
> It's neither illegal nor prohibited.
>
> Visa and MasterCard both have optional programs that allow stores to not
> require signatures for small purchases.
>
> Visa's program is called "No Signature Required" and allows retailers to
> skip requiring signatures for charges under $25.  It has been around in
> limited form since 2003, but was made more widely available in March.
>
> MasterCard's is called "Quick Payment Service Program", has a cutoff that
> varies from $15 to $50 depending on the merchant, and has been around
> since 1991.
>
> _________________________________________________________
> Jason Kohles, RHCA
> Palantir Technologies | Unix Systems Engineer
> jkohles at palantir.com | 703.957.5784
> _________________________________________________________
>
>
>
>
>
>
> On 12/23/10 3:18 PM, "James Ewing Cottrell 3rd"<JECottrell3 at Comcast.NET>
> wrote:
>
>>   On 12/23/2010 2:00 PM, Bonnie Dalzell wrote:
>>> I have noticed a number of supermarket checkouts and places like Panera
>>> are no longer having you sign for charges under $20. The charge is just
>>> accepted after the card is swiped. Maybe this is why the small charges,
>>> not as likely to be challenged.
>> Right, because this is technically illegal, at least in the sense as
>> being prohibited by MC/Visa agreements.
>>
>> Whenever I mentioned this, the merchants always caved, but the sign does
>> deter people from asking to do it.
>>
>> JIM
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