MADAM – I write regarding the ban on passing on the cost of credit card transaction fees in our credit (debt)-obsessed society (ATG No 2302).
I assume an equally inevitable auctioneer ‘raise the buyer’s premium’ reaction to cover this cost.
It prompts me to ask, would it not be an equitable action for auctioneers to offer a 2.5% discount to those willing to pay up front by debit card, cheque or cash?