Quote:
Originally Posted by wroberts2012
Bought at Publix a $50 Gift Card for Circle K for $40. I'm sure you have all seen the offer. Went to use it at the Circle K gas station on Pinellas next to the Chase Bank. They charged me the price for gas as if it was a credit card. I asked why but the lady was clearly working as instructed so I dropped it. Does the merchant get charged for the use of a "reloadable gift card" or is simply wrong?
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Cards have to go through the same 3rd party card processor when swiped in the same gas pump or store machine that takes your credit card who then charges a fee to the merchant. GIFT CARDS are simply debit cards that are charged processor fees like any other card. Some processors charge less for debit cards, or at least used to which may have changed. The merchant does NOT have to collect fees but it's definitely not a CA$H equivalent which would qualify for the 10c savings at the station.