October 11, 2017 - by Mark Wilsdorf
![]() You probably don't like the fact that accepting credit card payments costs you 2.5 - 3.5% (or more) of the purchase price in card payment processing fees, so you may have considered adding a 3% surcharge for payments by credit card. But are you sure you want to do that? You may be surprised to learn that the card payment industry has specific requirements you must to meet before adding a surcharges for credit card purchases, and that surcharges are even illegal in some states. Maybe most important, you need to consider how your customers might react to a surcharge.
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