Visa card for grants accounting??
Susan Jane Hogarth
sjhogart at unity.ncsu.edu
Sun Jan 5 18:44:52 EST 1997
The Great American Gene Company wrote:
> It is interesting to hear your perspective.
> I can assure you that many vendors will not flip. We are currently
> negotiating with VISA for a credit card account simply because of the
> pressure we are getting from many of the University purchasing
> departments. Unfortunately, VISA/MASTERCARD will cost us about 5%.
> Guess who ends up paying it? We will not reduce our employees pay by
> 5%, so the only real alternative is to raise prices to cover the cost
> of the VISA charges.
Why not add a 5% surcharge for credit card orders? Isn't that what is
> In addition, we have learned that VISA is placing
> a positive prohibition on all electronic transactions. We have been
> given an affadavit, which we must sign, stating that we will conduct NO
> VISA or MASTERCARD related business by either email or by through the
I agree with you that this is astonishingly stupid.
Check this! http://homepage.cistron.nl/~peterh/gsresources/
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