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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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Preparing for Surcharge Compliance: A Checklist for Businesses

EBizCharge

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. Here are three important rules to be aware of: 1. You can access Mastercard’s official rules here.

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Debit Card Surcharging: Is It Legal?

EBizCharge

No, debit card surcharging isn’t legal in the U.S. The rules behind it come from a mix of card network policies, federal law, and state regulations. So, it’s important to understand these rules and regulations in their entirety. Can you surcharge a debit card? Some come from card networks.

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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. GDPR/CCPA : Protect customer data and comply with regional privacy laws.

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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

Inform them about the surcharge policy, highlighting the consumer protection guidelines. Review technical considerations Evaluate your payment service providers, considering your merchant account’s functionality and card transaction volume. It helps protect against security breaches and enhance consumer confidence.