Remove Assessments Remove Card Network Rules Remove PCI DSS
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The Price of Convenience: Is There Such a Thing as Free Credit Card Processing?

Stax

Assessment fees: Assessment fees are charges imposed by the card brands themselves. They are typically a small percentage of the transaction value and contribute to the operational expenses and profitability of the card networks. This applies only to credit cards, not debit cards or EBT payments.

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Understanding Payment Processing Compliance When Implementing Credit Card Surcharging

Stax

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Subscribe to regulatory updates or newsletters from relevant federal authorities, such as the PCI Security Standards Council (​​more on this later)​​. Enter the PCI DSS compliance.

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Can I Legally Charge a Credit Card Fee?

EBizCharge

It’s imperative for merchants to calculate these fees accurately and ensure that any surcharge reflects the true cost of processing to remain compliant with card network rules and avoid the appearance of price inflation. Use secure payment gateways and adhere to Payment Card Industry Data Security Standard (PCI DSS) guidelines.

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Stay Aware and Protect Against Hidden Charges

Segpay

Processing Fees Interchange fees, assessment fees, and merchant service charges – whatever the label, processing charges extract a piece of every transaction. Per the Forbes Advisor , rates range from 1.5% – 3%+ based on card type, with volume tiers and qualified vs non-qualified categories. But what are hidden fees ?

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