RE: Credit Card Service Fees

From: Bruce Forinash (baforina@gw.fis.ncsu.edu)
Date: Thu Jun 19 2003 - 10:37:33 EDT

  • Next message: Ralph, Judith C: "RE: Credit Card Service Fees"

    Interesting. I assume most of you saw the article posted at the
    following: http://www.treasuryinstitute.org/ebusiness/visa.asp -
    basically, the University of Illinois decided to stop taking Visa and
    MasterCard because the BankCard companies would not allow them to charge
    a convenience fee ...
     
    Will this effect the plans any of you have to go this route?
     
    bruce
     
     
    ++++++++++++++++++++++++++++
    Bruce Forinash
    Director, University Cashier's Office
    NC State University
    2005 Harris Hall
    Campus Box 7213
    Raleigh, NC 27695
    919.515.6010 (office)
    919.515.1164 (fax)
    bruce_forinash@ncsu.edu

    >>> Lois L Stahlke <oa.lstahlke@austin.utexas.edu> 06/19/03 10:20AM
    >>>
    Carol,
     
    The University of Texas at Austin very recently implemented a 1.75%
    convenience charge. It is assessed when a customer makes a payment of
    tuition and fees using a credit card.
     
    This is a very timely and sensitive subject - please respond to the the
    listserve.
     
    Lois Stahlke
    Student Accounts Receivable
    University of Texas at Austin
     
     
    -----Original Message-----
    From: Kolski, Carol [mailto:baileyc@marshall.edu]
    Sent: Thursday, June 19, 2003 8:43 AM
    To: bursar-l@virginia.edu
    Subject: Credit Card Service Fees

    Greetings! We are wondering how other schools are dealing with the
    ever escalating services charges associated with accepting credit card
    payments for tuition and fees. Is anyone assessing an additional fee
    for using a credit card? Or assessing an additional fee across the
    board to all students to assist in offsetting this cost to the schools?
    Any input would be greatly appreciated. Thanks! Carol Kolski
    Information System Technician Marshall University Office of the Bursar
    (304) 696-2235

     



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