Remove Best Practices Remove Cover Payment Remove Rules
article thumbnail

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

Stax

This is good news because it means you won’t have to inflate your base prices to cover payment processing fees. It requires stringent adherence to regulatory guidelines and card network rules, from surcharge caps to disclosure requirements. That said, you can’t just decide and impose credit card surcharges overnight.

article thumbnail

Navigating the FCA’s Consumer Duty: Key insights and action steps for payments firms

The Payments Association

A wide range of firms in the payments sector are affected by the FCA’s Consumer Duty, with specific responsibilities applying to each to ensure good consumer outcomes are being delivered. It would help if there was more alignment between these rules.” Read More » The PSR’s new fraud refund rules: A step forward, but is it enough?

article thumbnail

How Do You Set Up Automated Billing?

EBizCharge

Improved accuracy Automated billing software is programmed to follow predefined rules and procedures consistently, minimizing the risk of human error inherent in manual billing processes. To reiterate billing terms and conditions, utilize various communication channels such as email, postal mail, or a customer payment portal.