Jlim, we do NOT jack up normal cash prices so we can charge the same for both CC and cash transactions...we do exactly as I said, we EAT the CC charges...
Another thing consumers need to be aware of - the incidence of CC theft, not to mention identity theft, is tremendous! As a consumer you are protected from any loss by your CC company and this is good and why I, when I am a consumer, like to use my CC. HOWEVER, we vendors are totally unprotected from CC fraud...TOTALLY! We must exercise a certain level of vigilance in accepting them, sometimes at the inconvenience of the client.
Diamonbob has a good point...we vendors who hang out on this and other forums, and have done so even before PriceScope started, would be INSANE not to be straight forward with our clients. Just think of the vast $$ we have invested in education, and building our businesses...it would take only ONE negative incident to reduce the entire thing to rubble...it's not like we are working for some large Co. and don't give a damn...in most cases we have personally "hand built" or are an intimate and major feature of the businesses we represent.
Client caution is good and one always has to protect one's interests...after all substantial sums are involved...educate yourself...knowledge is power...
Now...what was the question??
Oh, ya...it's about wire transfers...wire transfers are good! As a vendor or sender, I have never had a bad wire transfer, but fraud with bank checks is becoming more common! Bank checks we now treat only as we would a personal check - wait long and look hard!