Remove Card Network Rules Remove PCI DSS Remove Volume
article thumbnail

The Price of Convenience: Is There Such a Thing as Free Credit Card Processing?

Stax

Payment processing services: As well as credit card surcharging, the provider must also have strong payment processing services for alternative payment methods, including debit card transactions and a point-of-sale solution equipped to accept cash. Predictable margins, especially if you process a high volume of monthly transactions.

article thumbnail

Understanding Payment Processing Compliance When Implementing Credit Card Surcharging

Stax

PCI DSS compliance, a global framework, mandates specific requirements and best practices for maintaining credit card data security. Enter the PCI DSS compliance. It’s a global framework established by major payment card networks, including Visa, Mastercard, American Express, Discover, and JCB International.

article thumbnail

Can I Legally Charge a Credit Card Fee?

EBizCharge

It’s imperative for merchants to calculate these fees accurately and ensure that any surcharge reflects the true cost of processing to remain compliant with card network rules and avoid the appearance of price inflation. Use secure payment gateways and adhere to Payment Card Industry Data Security Standard (PCI DSS) guidelines.

article thumbnail

Stay Aware and Protect Against Hidden Charges

Segpay

Per the Forbes Advisor , rates range from 1.5% – 3%+ based on card type, with volume tiers and qualified vs non-qualified categories. Always verify total processing costs for each card brand at projected volumes. per transaction, these fees originate from payment networks but disproportionately benefit processors.

IRS 52