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Credit Card Surcharges in Canada: A Legal Guide

EBizCharge

Whether you’re a local shop, a service-based business, or an eCommerce brand, the fees you pay to accept credit card payments can eat into your profits. This guide will walk you through the basics of credit card surcharging in Canada, from legal background and card network rules to disclosure requirements and best practices.

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How to Add a Credit Card Surcharge: A Step-by-Step Guide

EBizCharge

If you’re unsure how much a credit card surcharge is allowed for your business or how to apply it correctly, talk to your processor or legal advisor. Check that debit cards aren’t being surcharged and that receipts reflect the fee properly. Card network rules can be updated. Regulations can change.

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Small Business Guide to Credit Card Surcharges

EBizCharge

They’re treated differently under both state laws and card network rules. Legal complexity: You have to follow state laws and card network rules to stay compliant. Not allowed on debit or prepaid cards: Even if they’re run as credit, surcharging them violates rules.

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How to Build a Chargeback Payments Team in your Company

Clearly Payments

Legal Advisor: In complex chargeback cases, having legal expertise can be essential, particularly in disputes involving large amounts or multiple fraud claims. Collaboration with the Analyst: Advises on handling complex chargeback cases and navigating card network rules.

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Can I Legally Charge a Credit Card Fee?

EBizCharge

Determining the legality of charging credit card fees requires understanding various individual state laws , card network regulations, and the type of fee being charged. It’s essential to check with legal counsel or financial advisors to align with the latest legal standards and avoid potential penalties or customer disputes.

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Stay Aware and Protect Against Hidden Charges

Segpay

Per the Forbes Advisor , rates range from 1.5% – 3%+ based on card type, with volume tiers and qualified vs non-qualified categories. Trusted payment advisors provide open pricing and honest counsel tailored to each merchant’s requirements – not boilerplate pitches pushing proprietary products.

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