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Old 06-17-2008, 09:09 PM   #21
NumberTwo
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Join Date: Sep 2007
Location: Old Bridge
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Quote:
Originally Posted by sweetbmxrider View Post
dude if you mark up your gas just a few cents, a: you are the highest one on the street and people bitch about the penny difference if they come in at all; b: you don't make any profit, its actually costing you money to pump gas; and c:90% of your sales will be on plastic charge cards which take 3% on the dollar in this day and age. gas being 4 dollars a gallon means you need some other means of income. be it a convienence store or a repair shop, you can't make a living selling gas, you lose your life./rant
I know how gas stations and businesses work. Many of my customers own stations. Im just saying it is against the card holder agreement to bump the prices up. Hell, until 1984 there was a Federal Law prohibiting it (Truth-in-Lending Act). Visa and MC to this day prohibit bumping the prices. AMEX frowns upon it if the business still takes Visa and MC and Discover allows it except for the few states that have laws against it.
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