EBizCharge

MAY 5, 2025

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.

Credit Cards

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. A good example is when a restaurant that only accepts in-person payments tacks on an extra fee for online orders.

Credit Cards

Payment Savvy

JULY 12, 2024

For example, you could add a convenience fee if your standard payment method is cash or check, but a customer wants to pay over the phone or online with a credit card. A convenience fee is applied for using a non-standard payment method, while a surcharge is an additional fee added specifically for credit card transactions.

Card Network Rules