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TOPIC: FieldStone

FieldStone 24 May 2018 10:36 #1

  • jedd
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Just curious but why would anyone make a payment to our HOA company when they charge you to make a payment online. I guess if you are in another state. I will be leaving a check at the 3R office :)
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FieldStone 25 May 2018 07:48 #2

  • cjfuchs
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Just curious. We paid by credit card and weren't charged a fee.
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FieldStone 25 May 2018 09:11 #3

  • cjfuchs
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I'm wrong. Sorry. Don't have fees for last year but see it now.
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FieldStone 27 May 2018 09:32 #4

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After getting myself very confused about how I made our payment this year I finally figured it out. I was correct in saying that we were not charged a processing fee. That was because I used epayment not our credit card. epayment is for using your checking account through the internet. They do not charge for epayment. The $17.50 charge is outrageous to say the least!
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FieldStone 06 Jun 2018 08:22 #5

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Credit card companies charge a fee to the merchants for a customer using a credit card. Most merchants bump up their prices to cover for this fee or pass the fee on to the customer directly. In the case of Field Stone they are just pushing that fee forward to us. I think visa charges between 1.5% to 2% of the transaction price to the merchant. If all of us paid by cc and Field stone covered the cost that would be roughly 8k. That's probably why they also offer the direct bank pay option.
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