Click here to watch the video Learn how to decipher ALL the hidden fees on your merchant statement! This video breaks the statement down and explains each line item! Dues and Assessments. This is a pass-through fee from mastercard, visa, of course will have their own news and assessments, american express and discover are the same. and then there’s some other fees that are also … Read More
To Surcharge Card Processing Fees or Not?
Visa and MasterCard now allow surcharging. This means you can pass the cost of the card processing to the customer. The rules are that you have to register with Visa and MasterCard, and that you can only charge the average of the credit card processing fees and not more than 4%, even if your actual rates are higher than that. Also, you must post a … Read More