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

Stax

This is good news because it means you won’t have to inflate your base prices to cover payment processing fees. Transparency in billing practices helps customers understand what they pay for and provides a reference point in case of disputes. That said, you can’t just decide and impose credit card surcharges overnight.

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How Do You Set Up Automated Billing?

EBizCharge

To convey this information clearly, include concise billing terms on each invoice, covering payment due dates, applicable late fees, and accepted payment methods. To reiterate billing terms and conditions, utilize various communication channels such as email, postal mail, or a customer payment portal.

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Navigating the FCA’s Consumer Duty: Key insights and action steps for payments firms

The Payments Association

A wide range of firms in the payments sector are affected by the FCA’s Consumer Duty, with specific responsibilities applying to each to ensure good consumer outcomes are being delivered. These firms must adhere to the Duty’s requirements, ensuring their approach adheres to their business models and services offered.

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How Monetizing Referrals Is “Uberizing” Recruiting

PYMNTS

KW: Since we do cover payments, I’m curious to know how you pay your referrers. But thinking broadly about successful matchmakers across lots of industries and best practices, are there any others that come to mind? Do you put it into their PayPal account, or does it go right into their checking account?

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