Forum Discussion
I_am_still_wayn
Aug 25, 2013Explorer
Effy wrote:
Again, the bank does not set the limit. Visa, MC, Dscvr, AMex,etc does not care for this. Complaining to them will do nothing. The merchant sets the threshold.
Actually it is neither. Most people don't realize it, but there is a third party, the card processor who sets the limit. A merchant does not contract with the MasterCard, Visa, Amex, Discover, Diners Club, etc. They hire a processor who installs the card readers and accepts the cards for processing and payment. That processor sets the limits.
About Motorhome Group
38,706 PostsLatest Activity: Feb 01, 2025