Credit cards

[Snapolit1]

Why would an auction house not take credit cards? I know that it’s a lot more palatable sometimes to throw an unplanned buy on a credit card? Obvously there is a fee, so set your buyers premium at whatever, and then offer a discount for check, etc.

Is there some other reason not to take cards? Maybe I am missing something.

[rats60]

Charge backs. Banks/Credit Card companies are very buyer friendly. Some auction houses do accept credit cards. Some have a limit of how much you can put on a credit card.

[slightlyrounded]

Fees and probably the prospect of chargebacks should disputes arise. CC provider would almost certainly side with the buyer, even if auction house did everything according to well laid-out terms.

[edhans]

Originally Posted by rats60

Charge backs. Banks/Credit Card companies are very buyer friendly.

This.

[Johnny630]

Returns and Charge Backs....altered cards in holders possible.

[Aquarian Sports Cards]

Definitely charge backs for me. As a small company if I got hit with a big charge back after I had already paid the consignor it could be disastrous. We do accept them for purchases under $2000.

[sando69]

when i first read your post, i thot perhaps it was motivated by net54 member scott russell's (aquarian sports cards/birmingham auctioneers) VERY generous policy of accepting cc's WITHOUT any surcharge.
in addition to being a passionate hobbyist, and vocal participant on our board, scott is a class act with a high degree of integrity.
trying not to minimize my respect & appreciation for all the other quality auction options we have, by accepting cc's, scott offers me one more reason to support his efforts.
he is the antithesis of a "crazy uncle."

[Leon]

One way or another the answer is almost always money.

[Snapolit1]

Originally Posted by Aquarian Sports Cards

Definitely charge backs for me. As a small company if I got hit with a big charge back after I had already paid the consignor it could be disastrous. We do accept them for purchases under $2000.

Yeah, that has to give you pause. I know the crowd here is above board, but no doubt scammers out there as anywhere else. Buyers remorse and all of a sudden some gripe suddenly materializes about the write up, the photos, etc.

[Oscar_Stanage]

Originally Posted by sando69

when i first read your post, i thot perhaps it was motivated by net54 member scott russell's (aquarian sports cards/birmingham auctioneers) VERY generous policy of accepting cc's WITHOUT any surcharge.
in addition to being a passionate hobbyist, and vocal participant on our board, scott is a class act with a high degree of integrity.
trying not to minimize my respect & appreciation for all the other quality auction options we have, by accepting cc's, scott offers me one more reason to support his efforts.
he is the antithesis of a "crazy uncle."

Birmingham is an incredible place to do business. Scott knows how treat his buyers. Trust is everything, particularly in the collectible world. If i need to write a check, I'll write a check.