U.S. merchants have the option to add a surcharge at the “brand level” to all credit card transactions, or to particular types of credit card transactions at the “product level” (e.g., Visa Traditional, Visa Traditional Rewards, MasterCard World Pay), but not both.
No. If a merchant is prohibited from surcharging in one state, Card Brand rules do not prevent the merchant from surcharging in other states that allow the practice.
Currently, several states have laws that prohibit surcharging. As of April 15, 2023, they are: Connecticut, Maine, Massachusetts, and Oklahoma. Note also that Merchants located in Colorado may not surcharge more than 2% as per State law.
Yes. U.S. merchants that surcharge must disclose the surcharge dollar amount on every receipt. In addition, disclosures that a merchant outlet assesses a surcharge on credit card purchases must be posted at the point-of-entry and point-of-sale. Disclosure requirements and sample compliant signage can be found here.
Yes, however, merchants must surcharge each card brand on the same terms and conditions as any equal or higher cost competitor that imposes limits on surcharging.
Yes. U.S. merchants may assess a surcharge on credit card purchases that does not exceed the merchant discount rate for the applicable credit card surcharged, with a 3% maximum.
No. The ability to surcharge only applies to purchases made with a credit card, and only under certain conditions.
No. The ability to surcharge only applies to credit card purchases, and only under certain conditions. U.S. merchants cannot surcharge debit card or prepaid card purchases.
A payment card surcharge, also known as a checkout fee, is an additional fee that a merchant adds to a consumer’s bill when he or she uses a card for payment. Please note that the ability to surcharge only applies to credit card purchases, and only under certain conditions. U.S. merchants cannot surcharge debit card […]
When you receive your physical debit card in the mail, please activate your card by calling the number on the sticker. Once you activate your new personal debit card, your digital debit card details will no longer be valid. Therefore, you will need to update your payment information anywhere you’ve saved your digital debit card. […]
Previous Page 