Credit Card Customers Could See New Charges on Purchases - WVVA TV Bluefield Beckley WV News, Weather and Sports

Credit Card Customers Could See New Charges on Purchases

Posted:
  • More Local NewsMore Local NewsMore>>

  • New criminals added to APB list

    New criminals added to APB list

    (WVVA)- Three new wanted fugitives have been added to our All Points Bulletin list- including a man wanted for first degree murder...More >>
    (WVVA)- Three new wanted fugitives have been added to our All Points Bulletin list- including a man wanted for first degree murder...More >>
  • Database aids area fight against meth

    Database aids area fight against meth

    BLUEFIELD (WVVA) - Law enforcement officials gathered in Bluefield Tuesday to learn more about a national database used to fight meth crime.They're talking about NPLEx...More >>
    BLUEFIELD (WVVA) - Law enforcement officials gathered in Bluefield Tuesday to learn more about a national database used to fight meth crime.They're talking about NPLEx...More >>
  • Three-judge panel denies request to remove magistrate

    Three-judge panel denies request to remove magistrate

    Welch, W. Va. (WVVA) - The petition to remove McDowell County Magistrate Steve Cox has been denied...More >>
    Welch, W. Va. (WVVA) - The petition to remove McDowell County Magistrate Steve Cox has been denied...More >>

 

BLUEFIELD (WVVA) - Credit cards have been the preferred method of payment for customers for the past decade, and the fee for using them is nothing new to retailers.

"These credit card swipe fees have been in place for years and years and years," business owner Michael Dye said.

According to the National Retail Federation, Visa and Mastercard rake in $30 billion dollars from these charges a year.

While this is nothing sup rising to retailers here, there is news for credit card customers. Shoppers who use plastic could now be responsible for these "swipe fees" charged to retailers.

Starting this week, retailers can charge you a fee when you use your credit card to buy goods; up to four percent of your purchase cost. This practice is banned in ten states, but unfortunately the two-Virginias isn't among that list.

The added "checkout fee" tacked on to your bill may be one you don't notice.

 

While the law now states that this practice is okay for local retailers, the good news is it's not mandatory. Whether or not the business passes those fees is completely up to the retailer.

Michael Dye says he advises against charging customers, and says his business, Corner Stone Gifts in Bluefield will not ever charge their customers.

"Any retail outlet that tries to impose a fee on credit card usage is committing suicide in the business industry," Dye said.

Retailers who choose to charge customers the fee must post signs on their business.

Dye says because of strong local ties, most small retailers will choose not to charge their customers.

"Because a small business is truly face to face with that customer everyday, they are not going to put another burden on that customer," Dye said.

According to the Electronic Payments Coalition, retailers can only charge a fee equal to what they pay to accept the card. Typically this is between 1.5 percent and 3 percent of the entire purchase. The law states that charges cannot go above four percent.

The coalition advises customers to express their views to retailers. They say knowing your rights is important.

Retailers cannot apply the fee to debit and pre-paid purchases.

 

  • NEWSMore>>

  • UPDATE: Plea reached in 2009 Pizza Plus slayings

    UPDATE: Plea reached in 2009 Pizza Plus slayings

    Tazewell Co. (WVVA) - We have some breaking news out of Tazewell County. The man charged with the March 2009 murder of his parents has entered a no contest plea on two counts of capital murder with robbery.

    More >>
    TAZEWELL (WVVA) - The man charged with the brutal 2009 murder of his parents at their Tazewell County workplace will spend the rest of his life behind bars. Christopher Looney entered a no contest plea on two counts of capital murder with robbery during a special hearing in Tazewell County Circuit Court Wednesday.
    More >>
  • Saying goodbye to WVVA's Kristen Conner

    Saying goodbye to WVVA's Kristen Conner

    Bluefield, W. Va. (WVVA) -- About two years ago, WVVA's Kristen Conner took a leap of faith, accepting a job as our Greenbrier County reporter.More >>
    Bluefield, W. Va. (WVVA) -- About two years ago, WVVA's Kristen Conner took a leap of faith, accepting a job as our Greenbrier County reporter.More >>
  • Hundreds of mining citations issued by MSHA in June

    Hundreds of mining citations issued by MSHA in June

    ARLINGTON, Va. -- Coal mines in Virginia and West Virginia are being used as examples after the Mine Safety and Health Administration finds dozens of violations.MSHA says inspectors issued 186 citations at 13 U.S. mining operations in June alone.According to a report from the Associated Press, eleven of those mines were coal operations, while the others were metal and nonmetal.Twenty-five citations were issued at the Dickenson-Russell Coal Company LLC's Cherokee Mine in Dickenson County, Virg...More >>
    ARLINGTON, Va. -- Coal mines in Virginia and West Virginia are being used as examples after the Mine Safety and Health Administration finds dozens of violations.MSHA says inspectors issued 186 citations at 13 U.S. mining operations in June alone.According to a report from the Associated Press, eleven of those mines were coal operations, while the others were metal and nonmetal.Twenty-five citations were issued at the Dickenson-Russell Coal Company LLC's Cherokee Mine in Dickenson County, Virg...More >>
  • Air Algerie jet with 116 on board crashes in Mali

    Air Algerie jet with 116 on board crashes in Mali

    Thursday, July 24 2014 7:38 PM EDT2014-07-24 23:38:51 GMT
    The official Algerian news agency says an Air Algerie flight from Burkina Faso to Algiers has disappeared from the radar.More >>
    An Air Algerie jetliner carrying 116 people crashed Thursday in a rainstorm over restive Mali, and its wreckage was found near the border of neighboring Burkina Faso - the third major international aviation disaster in a...More >>
  • Storm Causes Road Closures and Power Outages

    Storm Causes Road Closures and Power Outages

    RAINELLE (WVVA)- Crews worked all night Wednesday and all day Thursday to clean up debris on Route 60 and through the town of Rainelle.A heavy storm left fallen trees and broken power lines. Mayor Andrea Pendleton describes the storm, "It started thundering and lightening you could see it and feel it, and then all at once a big gust of wind with hail following it. It was black as the ace of spade out there except. With the lightening it was like a light show."Homes and businesses throughout t...More >>
    RAINELLE (WVVA)- Crews worked all night Wednesday and all day Thursday to clean up debris on Route 60 and through the town of Rainelle.A heavy storm left fallen trees and broken power lines. Mayor Andrea Pendleton describes the storm, "It started thundering and lightening you could see it and feel it, and then all at once a big gust of wind with hail following it. It was black as the ace of spade out there except. With the lightening it was like a light show."Homes and businesses throughout t...More >>
  • The Dangers of Leaving Your Dog in the Car

    The Dangers of Leaving Your Dog in the Car

    BLUEFIELD (WVVA)- Mercer County Animal Control Officers have been called out on numerous occasions this summer, where people have left their pets in the car in parking lots. Animal Control Officer Aaron Burnopp says, "Even if they do leave water in the car, it still doesn't matter because it's still going to be the temperature of the dog that goes up. And if it reaches 110 for the dogs then it is fatal for them." Burnopp continues to say that on a cloudy day, temperatures in a car can rise 20...More >>
    BLUEFIELD (WVVA)- Mercer County Animal Control Officers have been called out on numerous occasions this summer, where people have left their pets in the car in parking lots. Animal Control Officer Aaron Burnopp says, "Even if they do leave water in the car, it still doesn't matter because it's still going to be the temperature of the dog that goes up. And if it reaches 110 for the dogs then it is fatal for them." Burnopp continues to say that on a cloudy day, temperatures in a car can rise 20...More >>
  • Volunteers are Working to Make a Difference

    Volunteers are Working to Make a Difference

    (WVVA)- A faith-based community service program has teamed up with Bluefield College in order to help serve local communities.The program is called "Workcamps", and volunteers, many of them teenagers, were busy working on a variety of improvement projects in Bluefield and Pocahontas.Much of the work focused on home improvement for families who are in need, as well as improvements for community facilities.Improvements varied from roofing and porch reconstruction to painting and overall beautif...More >>
    (WVVA)- A faith-based community service program has teamed up with Bluefield College in order to help serve local communities.The program is called "Workcamps", and volunteers, many of them teenagers, were busy working on a variety of improvement projects in Bluefield and Pocahontas.Much of the work focused on home improvement for families who are in need, as well as improvements for community facilities.Improvements varied from roofing and porch reconstruction to painting and overall beautif...More >>
  • Suspects charged after double prison beating

    Suspects charged after double prison beating

    PRINCETON, W. Va (WVVA)-- The man accused of beating another prisoner from Southern Regional Jail waives his preliminary hearing.Mercer County deputies say 41-year-old Bradford Spencer, along with another inmate named Shannon Comer, beat 56-year-old James Irvin with their handcuffs while they were in a cell together. Spencer waived his preliminary hearing Thursday.Spencer and Comer are each charged with unlawful wounding and conspiracy.If you recall, Irvin faces multiple child sex charges aft...More >>
    PRINCETON, W. Va (WVVA)-- The man accused of beating another prisoner from Southern Regional Jail waives his preliminary hearing.Mercer County deputies say 41-year-old Bradford Spencer, along with another inmate named Shannon Comer, beat 56-year-old James Irvin with their handcuffs while they were in a cell together. Spencer waived his preliminary hearing Thursday.Spencer and Comer are each charged with unlawful wounding and conspiracy.If you recall, Irvin faces multiple child sex charges aft...More >>
Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WVVA.
All Rights Reserved. For more information on this site, please read our Privacy Policy, Terms of Service and Mobile Privacy Policy & Terms of Service.

Persons with disabilities who need assistance with issues relating to the content of this station's public inspection file should contact Administrative Assistant Audrey Sluss at (304) 324-0659. Questions or concerns relating to the accessibility of the FCC's online public file system should be directed to the FCC at 888-225-5322, at 888-835-5322 (TTY) or at fccinfo@fcc.gov.