Sotheby's No Longer to Accept Credit Card Payments

I guess the merchant fees are to high. I would assume catalogs will still be available by credit cards.

Art Info is reporting:

NEW YORK—In 1995 Sotheby's famously accepted a $2.47 million credit card payment from Eli Broad for the purchase of Roy Lichtenstein's painting I ... I'm Sorry. As of this month, however, the auction house will no longer be accepting credit cards — only checks, wire transfers, and cash, New York magazine reports.

A Sotheby's spokesperson explained the change, saying that putting auction items on cards "was not widely utilized." He also confirmed that the Sotheby's-branded MasterCard has been discontinued. Christie's, on the other hand, began accepting credit cards last fall for sales up to $100,000.