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Credit Card Surcharges in Canada: A Legal Guide

EBizCharge

Whether you’re a local shop, a service-based business, or an eCommerce brand, the fees you pay to accept credit card payments can eat into your profits. This guide will walk you through the basics of credit card surcharging in Canada, from legal background and card network rules to disclosure requirements and best practices.

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The Best Way for a Business to Handle Chargeback Management

Clearly Payments

Chargebacks, while essential for consumer protection, can pose significant challenges to businesses. Skills Required: Attention to detail, familiarity with card network rules, and proficiency in analyzing transaction data. Include all required documentation, adhering to card network guidelines.

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Debit Card Surcharging: Is It Legal?

EBizCharge

So, if you’re a merchant trying to stay compliant or a consumer just trying to make sense of what you’re being charged – it’s worth understanding where these rules come from and what they mean. These networks set the terms for how their cards can be used, and if you want to accept their payments, you agree to play by their rules.

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Preparing for Surcharge Compliance: A Checklist for Businesses

EBizCharge

If your business accepts credit cards, you’ve likely wondered whether you can pass processing fees on to your customers. Credit card surcharging lets you do just that but doing it the right way is essential. Between card network rules, signage requirements, and state regulations, there’s a lot to keep track of.

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Maximum Credit Card Surcharge Limits Explained

EBizCharge

One option on the table is adding a credit card surcharge—a small extra fee to help cover your costs. But here’s the catch: surcharge rules are a patchwork of federal guidelines, state laws, and card network rules. And the card networks like Visa and Mastercard have their own rulebooks.

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How to Build a Chargeback Payments Team in your Company

Clearly Payments

A chargeback is a reversal of a credit card transaction initiated by the cardholder’s bank, usually as a result of a dispute by the customer over the purchase. It acts as a consumer protection tool, allowing customers to reclaim funds for unauthorized transactions, fraud, or dissatisfaction with goods or services.

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Understanding Payment Processing Compliance When Implementing Credit Card Surcharging

Stax

Best practices for maintaining PCI compliance Staying PCI-compliant and ensuring maximum credit card data security demands ongoing effort. Conduct regular post-payment audits to identify vulnerabilities. Implementing end-to-end encryption helps protect sensitive customer data throughout its lifecycle—i.e., Security audits.