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Small Business Guide to Credit Card Surcharges

EBizCharge

They’re treated differently under both state laws and card network rules. Encourages alternative payments: Customers might switch to cash, debit, or ACH to avoid the surcharge. Legal complexity: You have to follow state laws and card network rules to stay compliant. Is Surcharging Legal in Your State?

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Is Zero Cost Credit Card Processing Suitable for Your Small Business?

EBizCharge

Do ACH transactions support zero cost credit card processing? Automated Clearing House (ACH) transactions arent technically associated with zero cost credit card processing since they’re a different form of payment. However, they are a cost-effective solution. Evaluate payment processors offering zero cost options.

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What Is Zero-Cost Credit Card Processing and Is It Legal?

EBizCharge

It’s worth noting that while many payment processing solutions now support no-cost credit card processing, not all do so in a compliant way. Businesses should be cautious about choosing a provider and ensure that the software they use follows current state regulations and card network rules.

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Surcharge vs. Cash Discount: What’s Better for You?

EBizCharge

Compliance and Legality Before you roll out a surcharge program, you need to understand the rules that govern how it must be implemented. You need to check state laws and card network rules. Visa, Mastercard and other networks require merchants to register their intent to surcharge.

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How to Charge Customer Processing Fees: Square and EBizCharge Compared

EBizCharge

With EBizCharge, they enable automated surcharges on credit card payments of 2.5%, clearly disclosed. Clients still have the option to pay via ACH or debit at no charge. Are you unsure whether your fees are compliant with state laws and card network rules? Their ERP handles the math and the messaging.

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What Is a Convenience Fee & Should You Charge It?

Payment Savvy

Complexity of Implementation: Ensuring compliance with various card network rules and state laws can be complicated. Legal Considerations for Convenience Fees Before implementing convenience fees , it’s crucial to understand the legal landscape and card network rules that govern these charges.

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Can You Decrease Credit Card Interchange Fees?

Stax

Optimize transactions for lower rates Review your card acceptance policies. You may consider accepting only cards with lower interchange rates or encourage customers to use lower-cost payment methods like debit card transactions or ACH transfers. There’s a reason many merchants don’t take Discover.)