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Are you struggling with resource constraints caused by soaring credit cardprocessingcosts? Credit card surcharging can help offset these expenses, but it can be tricky. TL;DR Credit card surcharging involves adding a fee to transactions with credit card payments, offsetting processingcosts.
Consequently, merchants cannot profit from these fees; their purpose is solely to cover processingcosts. It’s imperative for merchants to calculate these fees accurately and ensure that any surcharge reflects the true cost of processing to remain compliant with cardnetworkrules and avoid the appearance of price inflation.
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