surcharging Industry News

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Latest News from surcharging

Credit Card Surcharging Overview & Updates

As part of the settlement between the card networks (Visa and MasterCard) and merchants, the card networks are allowing merchants in the U.S. to impose a "surcharge" for using a credit card.  This rule went into effect on January 27, 2013.  Most large retailers have...

$7.3 Billion Settlement – Short-Term Win for Merchants

Visa and MasterCard have reached a settlement with merchant groups alleging antitrust violations in the setting of interchange fees for credit cards. The proposed $7.3 billion settlement provides one-time financial relief to merchants and allows them to apply a surcharge for credit card transactions. This article analyzes merchant impact from this settlement.

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