ED Magedson – Founder
Boardwalk Bar Fort Lauderdale1721 N Andrews Ave Fort Lauderdale, Florida USA
Boardwalk Bar Fort Lauderdale Beefcake's Credit Card Minimum Merchant Violation Visa Mastercard Fort Lauderdale Florida
While this business accepts credit cards as a regular course of their business, the bartenders regularly refuse to accept them for any transactions under 30 USD sighting rules imposed by their management, instead directing thier customers to pay in cash including directing them to the on-premise ATM machine.
While transaction minimums used to be prohibited entirely by Visa and MasterCard Merchant Agreements, in recent years they have updated their agreements to permit a minimum purchase charge not to exceed 10 USD for transactions occuring within the U.S.
This merchant is effectively violating the following terms of their Merchant Agreement:
The 30 USD minimum imposed by this establishment is 3X the maximum permissible by the agreement every merchant accepting Visa and MasterCard credit cards agrees to in the United States. This is a prime example of taking advantage of consumers where rules and regulations are specifically in place to prevent these types of abuse.
This report was posted on Ripoff Report on 07/06/2013 04:02 PM and is a permanent record located here: http://www.ripoffreport.com/reports/boardwalk-bar-fort-lauderdale/fort-lauderdale-florida-33311/boardwalk-bar-fort-lauderdale-beefcakes-credit-card-minimum-merchant-violation-visa-mast-1064914. The posting time indicated is Arizona local time. Arizona does not observe daylight savings so the post time may be Mountain or Pacific depending on the time of year.
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