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What Is a Credit Card Surcharge?

Stax

Purchase volumes through credit cards jumped 51% between 2015 and 2021. You must notify your services provider and the credit card network about your intent to impose surcharges at least 30 days before. If you operate in a highly competitive marketplace, you could start bleeding customers to your rivals selling at lower prices.

article thumbnail

What Is a Credit Card Surcharge?

Stax

Purchase volumes through credit cards jumped 51% between 2015 and 2021. You must notify your services provider and the credit card network about your intent to impose surcharges at least 30 days before. If you operate in a highly competitive marketplace, you could start bleeding customers to your rivals selling at lower prices.