Caps Card Issuer Small Business 
Electronic Payments Coalition
FEBRUARY 28, 2024
WASHINGTON, DC — It’s been nearly 15 years since the Durbin Amendment imposed price caps and routing mandates on debit cards, financially burdening small businesses, while corporate mega-stores, like Walmart and Target, have accumulated substantial revenue gains.
PYMNTS
FEBRUARY 27, 2019
. “What we’re looking for in the review of the IFR, and one of the things we would have been looking for in the PSR’s market review, was a simplification of card regulation [so as] to deal with all the carve-outs and complexities that are involved in it.”
Stax
AUGUST 1, 2024
Did you know that the delinquency rate for small businesses has reached a record high owing to inflation and declining revenues? One way to do that—though often overlooked—is to optimize their payment processing to reduce fees associated with credit card purchases. Earlier, the surcharge cap used to be 4%.
Stax
DECEMBER 20, 2023
This article explores the legal landscape surrounding surcharges, shedding light on the intricacies of state and federal laws and strategies for small businesses to manage processing costs. TL;DR Card brands such as Visa and MasterCard along with state and federal laws prohibit debit card surcharging.
Stax
SEPTEMBER 26, 2024
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. Learn how your business can capitalize on these transaction fees while staying on the right side of the law.
Stax
DECEMBER 20, 2023
Set rate processing Subscription rate processing TL;DR Interchange fees are not collected by your payment processor or bank; they go directly to the card-issuing banks. Interchange fees vary significantly depending on the card issuer, the issuing bank, type of transaction and/or merchant type. World High Value (USD) 2.00% + $0.10
Stax
DECEMBER 6, 2023
This additional fee is intended to cover the costs associated with processing credit card payments. Businesses that choose to add surcharges can either charge a fixed flat fee or a percentage of the transaction amount with a cap on the total. Credit card processing fees can be expensive, especially for small businesses.
Expert insights. Personalized for you.
105 
Let's personalize your content