Okay, got it. I always pay cash so have not seen this before.
___________________________________
John Hermanson | CPS, Inc.
21 South Ln., Huntington NY 11743
631-424-2121 | www.zuiko.com
Olympus OM Service since 1977
Gallery: www.zuiko.com/album/index.html
Chuck Norcutt wrote:
> But the credit has still been issued before he punches in the dollar
> limit. The sequence is: insert card, cards gets validated and credit
> amount locked on. Only then does he select a gasoline grade and dollar
> limit if applicable.
>
> Chuck Norcutt
>
>
> John Hermanson wrote:
>> Except he's not filling the tank, he's specifically punched in $20 maximum.
>> Pump shuts off at $20. Exxon takes $70.
>>
>>
>> John Hermanson, CPS Inc.
>> 21 South Lane, Huntington NY 11743
>> Olympus OM Service since 1977
>> omtech1@xxxxxxxxxxx | www.zuiko.com
>> 631-424-2121
>>
>> Nov 4, 2008 08:39:45 AM, olympus@xxxxxxxxxx wrote:
>> It happens at all gas stations, not just Exxon/Mobil. At the time your
>> card is accepted for purchase the size of the purchase is unknown so
>> they put a lock on the funds that *might* be required. It has certainly
>> not been unusual to spend $70 for a tank of gas recently. The same
>> thing happens on a smaller scale when you use a card at a restaurant.
>> The purchase is accepted by the card issuer before the final total is
>> known since you haven't yet added a tip. They lock the purchase price
>> plus some amount for a tip. It's all reasonable except for the part
>> about holding the funds for anything more than an hour. That's the part
>> that should be illegal.
>>
>> Chuck Norcutt
>>
>> John Hermanson wrote:
>>> A weird story. A friend of mine lives in the Binghamton NY area and
>>> used to use his Paypal debit card for buying gas for his truck. Twice,
>>> Exxon/Mobil stations debited his card $70 for a $20 gas purchase! After
>>> spending an hour on the phone, Exxon explained they do it "just in case
>>> there are problems with paypal. Don't worry, you'll get the $50 back in
>>> a few days". No one else handled the card, he paid at the pump, this
>>> extra penalty must be built into their "firm"ware. He got his money
>>> back, but they had it for 10 days to do with as they wish. Sounds
>>> frickin' illegal, underhanded or something you'd expect an oil company
>>> would do in the '20s.
>>> ___________________________________
>>> John Hermanson | CPS, Inc.
>>> 21 South Ln., Huntington NY 11743
>>> 631-424-2121 | www.zuiko.com
>>> Olympus OM Service since 1977
>>> Gallery: www.zuiko.com/album/index.html
>>>
>>>
>>> Chuck Norcutt wrote:
>>>> It's probably happening all over the place. Anyone lending money these
>>>> days is taking steps to limit their exposure.
>>>>
>>>> Chuck Norcutt
>>>>
>>>> John Hermanson wrote:
>>>>> Anyone here using American Express recently discover their credit limit
>>>>> has been cut way way back and AE won't explain why? AE used to the "no
>>>>> limits" cc.
>>>>> ___________________________________
>>>>> John Hermanson | CPS, Inc.
>>>>> 21 South Ln., Huntington NY 11743
>>>>> 631-424-2121 | www.zuiko.com
>>>>> Olympus OM Service since 1977
>>>>> Gallery: www.zuiko.com/album/index.html
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>> 4:59 PM
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