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What Is a Credit Card Surcharge?

Stax

Purchase volumes through credit cards jumped 51% between 2015 and 2021. Before 2013 though, credit card brands like Visa and Mastercard didn’t allow surcharging because they didn’t want to discourage customers from using credit cards as a preferred mode of payment. Credit cards remain a favored way of making payments among customers.

article thumbnail

What Is a Credit Card Surcharge?

Stax

Purchase volumes through credit cards jumped 51% between 2015 and 2021. Before 2013 though, credit card brands like Visa and Mastercard didn’t allow surcharging because they didn’t want to discourage customers from using credit cards as a preferred mode of payment. Credit cards remain a favored way of making payments among customers.