article thumbnail

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. That said, you can’t just decide and impose credit card surcharges overnight. It requires stringent adherence to regulatory guidelines and card network rules, from surcharge caps to disclosure requirements.

article thumbnail

Can You Decrease Credit Card Interchange Fees?

Stax

This strategy offers transparency and allows businesses to maintain their profit margins while offsetting the cost of processing card payments. It’s important to note that the legality of surcharging varies by location and is subject to regulations and card network rules.