I just opened this email... this is lamer than lame


Charles A. Maimone- Vice Chancellor
April 6, 2010
Dear Students and Parents,

Given the serious budgetary constraints we are experiencing at UNCW, like other schools in the UNC system, we can no longer justify the increasing cost of merchant card transaction fees. As such, the university has made two significant changes to the student payment process that I would like to bring to your attention so that you can plan accordingly.

1. Effective July 1, 2010, individuals choosing to use credit cards to make payments on campus will be assessed a 2.75% convenience fee. This fee will automatically be charged to the credit card and paid as a credit card banking transaction fee.

2. Effective July 1, 2010 VISA credit cards will no longer be accepted for payments on campus. Unlike other merchant cards, VISA will not allow us to charge a percentage convenience fee. MasterCard will continue to be accepted and the university is working on agreements with American Express and Discover Card. We will keep you informed on our progress and will notify you as soon as possible.