Remove Alternative Payment Methods Remove Caps Remove Processing Costs
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The Price of Convenience: Is There Such a Thing as Free Credit Card Processing?

Stax

In this post, we’ll explore what surcharging entails and how it helps you tap into zero percent credit card processing. TL;DR Surcharging is a method for businesses to offset credit card processing costs by passing them on to customers. To understand surcharging, you have first to understand credit card processing costs.

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Want the Cheapest Credit Card Processing? Surcharging May Be the Answer

Stax

TL;DR Credit card processing fees eat into the profits of small businesses. Unfortunately, they’re unavoidable, and most companies can’t afford to refuse credit card payments. Surcharging offers a way to pass credit card processing costs to the customer, letting businesses keep their earnings.

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Surcharge vs. Convenience Fee: What’s the Difference?

EBizCharge

As payment processing costs continue to rise, many businesses are looking for ways to offset these fees. Two popular options—credit card surcharges and convenience fees —can help recover some of these costs. Used by merchants who want to keep prices competitive without absorbing card processing costs.

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Credit Card Surcharge Rules by Network: Visa, Mastercard, and More

EBizCharge

If you’re thinking about passing your credit card processing costs onto customers, it’s important to understand how the major card networks—like Visa, Mastercard, Amex, and Discover—handle surcharges. This cap is in place to protect customers from being overcharged and to maintain consistency across merchants.

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Statistics on How Much Merchants Pay for Payment Processing in 2024

Clearly Payments

North American payment processing fees are the highest in the world due to a combination of factors, including high interchange rates , which can exceed 2% per transaction, and the dominance of major card networks like Visa and Mastercard that control over 80% of the market. Unlike Europe, where interchange fees are capped at 0.3%

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How Do You Offset Credit Card Processing Fees?

EBizCharge

If the dispute is resolved in favor of the customer, the merchant is charged a fee to cover the processing cost of reversing the transaction. Processor markups are additional charges by payment processors to cover the service and technology infrastructure needed to manage transactions.

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

EBizCharge

If you’re a business owner looking for ways to cut down on credit card processing costs, adding a surcharge might be one option worth considering. The goal is simple: to help offset the credit card processing fees you’re already paying to accept those cards. It’s meant to recoup costs, not generate revenue.