Surcharging and Convenience Fees

A surcharge is a fee added to the cost of a purchase for the “privilege” of using a credit card. A surcharge is a percentage of the value of the sale. Surcharges are typically used to cover the cost of the merchant service charge. A convenience fee is a fee charged for the “convenience” of being able to pay using an alternative payment channel outside the merchant’s customary payment channel

Can I pass on my credit card fees to my customers?
Absolutely! There are steps required to take by the card brands in order to qualify for surcharging. Please see below! A Surcharge is a fee that a merch...
Mon, 18 Dec, 2017 at 10:18 AM