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What Is a Credit Card Surcharge?

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Simply put, a surcharge amount is an extra fee that some merchants choose to levy on customers to cover the costs of processing credit card payments. However, after a 2013 lawsuit, card companies started allowing businesses to charge customers a fee for using credit cards. The rate varies between 1.3

article thumbnail

What Is a Credit Card Surcharge?

Stax

Simply put, a surcharge amount is an extra fee that some merchants choose to levy on customers to cover the costs of processing credit card payments. However, after a 2013 lawsuit, card companies started allowing businesses to charge customers a fee for using credit cards. The rate varies between 1.3

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No Fee Payment Processing: Everything You Need to Know

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Businesses using CardX as their no fee payment processing platform can rest assured that all their compliance requirements have been automated, which saves them a lot of time and money. On the other hand, businesses wanted the option to surcharge to be able to offset some of the exorbitant fees they were being charged by card networks.