article thumbnail

Credit Card Surcharge Signs: Compliance, Design, and Best Practices

EBizCharge

Surcharge Limits: The surcharge cannot exceed a certain percentage of the transaction amount, usually capped at 4%. Additionally, the surcharge amount can’t exceed the merchant’s cost to accept credit cards, typically capped at 4%. Equal Treatment: The surcharge must be applied uniformly to all credit card transactions.

article thumbnail

Uber And The Cap Conundrum

PYMNTS

News from the last several weeks, and recently from The New York Times , reports that city officials are inching toward a cap for Uber drivers — and not the ones worn atop heads. The cap would, in essence, help preserve a system that competes less than optimally, and in a less than optimally operating system, consumers lose out.

Caps 40
article thumbnail

Credit Card Surcharges: What Are They, and How Do They Work?

Stax

It requires stringent adherence to regulatory guidelines and card network rules, from surcharge caps to disclosure requirements. Some states cap the surcharge rate to a set rate or dollar amount. The amendment caps interchange fees for debit cards to reduce costs for merchants and consumers.

article thumbnail

Real-Time Payments Driving Real-Time Liquidity: Deutsche Bank

PYMNTS

In its latest report, “ Preparing for real-time liquidity ,” Deutsche Bank acknowledged that the value caps on schemes like Faster Payments and Same Day ACH limit the applicability of these trends for corporate payers. Yet, as these caps rise across the globe, treasurers are likely to see disruption.

article thumbnail

New Study: 2018 State of Embedded Analytics Report

Read the 6th annual State of Embedded Analytics Report to discover new best practices. We surveyed 500+ application teams embedding analytics to find out which analytics features actually move the needle. Brought to you by Logi Analytics.

article thumbnail

i2c President Says Blockchain Will Unlock Cryptocurrency

PYMNTS

To get a sense of just how hard it is for cryptocurrencies to gain, well, currency in everyday life, consider bitcoin, perhaps the granddaddy of cryptocurrencies — and still the 900-pound gorilla in the space, with roughly two-thirds of the market cap across the entire sector.

article thumbnail

Understanding Risk Management Strategies as a PayFac

Stax

It can also help to teach them about best practices they can follow to prevent fraudulent transactions. To reduce your risk exposure, set volume and transaction limits to cap the amount of losses your business can undertake. Follow these best practices for monitoring risks and dealing with them appropriately.