Want to eliminate 90% or more of your processing fees? We can help you set up a program that passes those costs on to your customer!
Is that allowed? YES! (in most states) As the result of a large court settlement that took effect in 2013 all the major card brands now allow merchants to "surcharge" their customers as long as it is done in compliance with all their regulations. Plus, in March 2017, the Supreme Court held that state “no-surcharge” laws restrict constitutionally protected speech. There are just handful of states where surcharging is not allowed...yet (we expect all states to allow this in the near future
Will I lose customers? All our data says NO, since your customers always have the option to pay by check or use a debit card (which can't be surcharged according to the regulations). You could even create a separate merchant account and choose to use surcharging with just some of your customers.
Are other merchants doing this? This is a fast growing trend among merchants who are fed up with the high costs of processing credit cards. Why should you have to pay for all the rewards points and ever increasing fees that the card brands and big banks charge? This practice is far more common is countries like Australia, and we anticipate a major shift to this model in the US in the near future.
Is that allowed? YES! (in most states) As the result of a large court settlement that took effect in 2013 all the major card brands now allow merchants to "surcharge" their customers as long as it is done in compliance with all their regulations. Plus, in March 2017, the Supreme Court held that state “no-surcharge” laws restrict constitutionally protected speech. There are just handful of states where surcharging is not allowed...yet (we expect all states to allow this in the near future
Will I lose customers? All our data says NO, since your customers always have the option to pay by check or use a debit card (which can't be surcharged according to the regulations). You could even create a separate merchant account and choose to use surcharging with just some of your customers.
Are other merchants doing this? This is a fast growing trend among merchants who are fed up with the high costs of processing credit cards. Why should you have to pay for all the rewards points and ever increasing fees that the card brands and big banks charge? This practice is far more common is countries like Australia, and we anticipate a major shift to this model in the US in the near future.
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