Saturday, August 16, 2014

Plastic is not so Fantastic for Lottery Retailer QuickTrip

The American convenience store chain QuickTrip will no longer be allowing customers to use credit or debit cards to pay for lottery tickets. The new rule comes into force on Monday, August 18, 2014.

QuickTrip blames the decision on the high fees charged by banks and credit card companies each time a transaction is made.

Some US states, including QuickTrip's home state of Oklahoma, have laws that require all lottery tickets be purchased with cash. Other states leave the decision up to the discretion of individual retailers, but with banks charging fees that often leave ticket sellers out of pocket many retailers are choosing to say 'no!' to anything but cash.