Alternative Payment Methods Caps Debit Card 
Stax
JULY 7, 2025
You Can’t Opt Out of Credit Card Payments Opting out of credit card processing altogether is not a viable option. Competitive pricing: Surcharging lets business owners offer competitive pricing to customers who choose to pay with alternative methods, such as cash or debit card transactions.
EBizCharge
JUNE 18, 2025
A credit card surcharge vs. convenience fee comes down to when and why the fee is applied. A surcharge is added specifically for using a credit card, while a convenience fee is charged for offering an alternative payment method, like paying online instead of in person.
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EBizCharge
JUNE 19, 2025
They differ from blanket fees and don’t apply to cash, checks, or debit cards. A surcharge is added only when a customer uses a credit card. A convenience fee, on the other hand, is charged for offering an alternative payment method—like paying online instead of in person. Skipping notification.
Stax
JUNE 24, 2025
The purpose of interchange fees is to compensate the issuing banks for the risks and costs associated with processing and managing credit card transactions. Interchange fees vary based on factors such as the type of credit card used (personal or business credit card), alternative cards (debit cards, rewards cards, etc.),
EBizCharge
MAY 1, 2025
Credit card processing fees are the costs associated with card transactions that businesses must pay to accept and process credit or debit cards from customers. and can cover the costs associated with transferring funds between banks, fraud prevention, and compensating card networks, payment processors, and issuing banks.
EBizCharge
JUNE 17, 2025
Used by merchants who want to keep prices competitive without absorbing card processing costs. Guidelines: Only applies to credit cards , not debit or prepaid cards. Capped at 3% or the actual cost of processing, whichever is lower. Can’t be used if the card is accepted in person (Visa rules).
Clearly Payments
APRIL 25, 2024
Named after its chief advocate, Senator Richard Durbin , this legislative moved was designed to fix the increasing interchange fees charged by banks for debit card transactions. Prior to the Durbin Amendment, merchants would typically see debit card fees as 2% plus $0.40 ISO or aggregator). per transaction.
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