Remove Caps Remove Card Network Rules Remove Online and Mobile Banking
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Is Zero Cost Credit Card Processing Suitable for Your Small Business?

EBizCharge

These fees are essential for covering the costs of handling, authorizing, and securing card transactions. Credit card processing fees are comprised of several fees, such as: Interchange fees: Interchange fees are paid to the card-issuing bank and typically consist of a percentage of the total transaction amount plus a small, fixed charge.

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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 networks like Mastercard and Visa set a universal limit of 4% on these fees.