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Credit Card Surcharging: What You Need to Know

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Merchant Maverick

What is credit card surcharging? This video covers everything you need to know, including what surcharges are, their legal requirements, and whether (or not) your business should charge them.

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LINKS MENTIONED IN THIS VIDEO:

The Complete Guide to Credit Card Surcharging:
https://www.merchantmaverick.com/cred...

Learn about interchangeplus pricing:
https://www.merchantmaverick.com/trad...

Learn about cash discounting:
https://www.merchantmaverick.com/cash...

Best Credit Card Processing Companies:
https://www.merchantmaverick.com/the...

Best Online Payment Processors:
https://www.merchantmaverick.com/best...

For more small business content, visit:
https://www.merchantmaverick.com/?utm...

⏱TIMESTAMPS:
00:00 Intro
00:28 What is a surcharge?
00:43 What is cash discounting?
00:56 States that don't allow surcharges
01:01 States where it's illegal but unenforceable
01:25 How do credit card companies handle surcharges?
01:49 How much can you add to a surcharge?
02:01 Credit card surcharging requirements
02:46 Should your small business implement a surcharging policy?
02:58 Downsides of credit card surcharging
03:40 Outro

CREDITS:
Video editing: Ryon Hinson
Music & stock footage licensed via Envato Elements.
"No" emoji courtesy of CleanPNG.

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posted by fabienrotheb9