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USF and VISA


Triple B

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Do any of you work at the university, or have a financial background, that might know why they haven't accepted VISA cards since 2013? Here's the explanation:

 

 

Q6: Why can’t I pay with my VISA credit card?

A: USF is precluding VISA as a payment option for tuition and fees because our payment system does not currently comply with VISA requirements for percentage-based fees.

 

 

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USF, along with lots of other universities, were losing money due to finance charges the major credit card companies charge per transaction.

 

More info:

http://www.usforacle.com/news/view.php/832410/USF-to-charge-25-percent-credit-card-con

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Thanks for the info ... I was just bummed because I couldn't use it to get the points.

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My son spent a year at FGCU and they took AMEX. It was great!

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