Cardfellow

JUNE 14, 2025

In early 2017, Visa announced a staged digital wallet fee, which came well after Mastercard imposed a similar fee in 2013. These fees can result in higher interchange costs for small businesses. Customers load their card details into the digital wallet app of their choice. However, those days are long gone.

Credit Cards

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

Stax

NOVEMBER 8, 2023

This figure used to be 24% in 2015 which makes it evidently clear that card usage is on the rise. This may be concerning for certain types of businesses as they need to spend more to process credit and debit card payments as compared to cash. Also, surcharging must not be confused with cash discount programs.

Process

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.

Credit Cards

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.

Credit Cards

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.

Rules

Stax

APRIL 4, 2024

TL;DR A credit card surcharge is an additional fee charged by businesses that receive payment through credit cards. The surcharge fee is paid by the customer and helps offset the processing cost for that particular transaction. Credit card surcharging is legal in most U.S. Only after the judgment by a U.S.

Credit Cards