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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. 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.

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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. It would help if there was more alignment between these rules.” Read More » The PSR’s new fraud refund rules: A step forward, but is it enough?