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Credit Card Surcharges: What Are They, and How Do They Work?

Stax

That said, you can’t just decide and impose credit card surcharges overnight. It requires stringent adherence to regulatory guidelines and card network rules, from surcharge caps to disclosure requirements. Credit card-only restrictions Surcharges strictly apply only to credit card 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. In the following sections, we’ll delve into the legal framework, compliance standards, and best practices to navigate the complexities of surcharging. Security audits. You’re all set!

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Stay Aware and Protect Against Hidden Charges

Segpay

Merchants can implement several best practices to avoid surprise processing costs. Consider consulting an attorney to tailor compliance requirements for high volumes or international payments. Key Takeaways √ Hidden charges in payment processing can dig into and erode your bottom line.