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What Is a Credit Card Surcharge?

Stax

Credit cards remain a favored way of making payments among customers. Purchase volumes through credit cards jumped 51% between 2015 and 2021. However, the idea of applying a credit card surcharge to offset the processing cost of credit cards has always been a hotly debated topic. The rate varies between 1.3 in most US states.

article thumbnail

What Is a Credit Card Surcharge?

Stax

Credit cards remain a favored way of making payments among customers. Purchase volumes through credit cards jumped 51% between 2015 and 2021. However, the idea of applying a credit card surcharge to offset the processing cost of credit cards has always been a hotly debated topic. The rate varies between 1.3 in most US states.