Stax

JANUARY 24, 2024

However, the idea of applying a credit card surcharge to offset the processing cost of credit cards has always been a hotly debated topic. Simply put, a surcharge amount is an extra fee that some merchants choose to levy on customers to cover the costs of processing credit card payments. The rate varies between 1.3

Credit Cards 88

Credit Cards Laws Caps Legal 88

Stax

JANUARY 24, 2024

However, the idea of applying a credit card surcharge to offset the processing cost of credit cards has always been a hotly debated topic. Simply put, a surcharge amount is an extra fee that some merchants choose to levy on customers to cover the costs of processing credit card payments. The rate varies between 1.3

Credit Cards 88

Credit Cards Laws Caps Legal 88

Stax

AUGUST 1, 2024

As such, credit card surcharging can be beneficial for offsetting these costs. With it, merchants can transfer the processing costs to customers who choose to make credit card payments. It’s interesting to note that surcharging was illegal in most states until 2013. Earlier, the surcharge cap used to be 4%.

Rules 88

Rules Credit Cards Caps Processors 88

EBizCharge

JUNE 23, 2025

However, things started shifting after a series of legal battles between merchants and card networks, with merchants arguing that these rules unfairly burdened them with the cost of card acceptance. A major turning point came in 2013 when Visa and Mastercard settled a class-action lawsuit with a group of merchants.

Credit Cards 52

Credit Cards Legal Card Network Rules Rules 52

Stax

NOVEMBER 8, 2023

Your business still has to incur all processing costs when a customer pays by debit card. The latter is simply another solution that some merchants use to lower their card processing costs. In this method, a certain discount (equivalent to the cost of card processing) is applied at checkout if a customer pays by cash.

Process 88

Process Credit Cards Debit Card Processors 88

Stax

APRIL 4, 2024

The surcharge fee is paid by the customer and helps offset the processing cost for that particular transaction. The surcharge fee is paid by the customer and helps offset the processing cost for that particular transaction. district court in 2013 were credit card surcharges made legal in 40 states.

Credit Cards 68

Credit Cards Legal Laws Best Practices 68