Hybrid
When customers pay with a credit card, they also cover the fee. Customers that choose to pay with a debit card/cash, pay no fee. Merchant is responsible for swiped debit transactions at cost of 1% + $0.25 per transaction.
- Am I required to disclose the credit card fee to my customers?
- Can I add a credit card fee to card transactions?
- Can I assess a fee on both credit and debit card purchases?
- Can I pass on the credit card fee if a customer using a debit card presses the “credit button” on a terminal?
- Do I need to notify customers that my business will be passing on the credit card fees?
- How Does It Work?
- How long do I need to wait before I can pass on my credit card fees?
- Hybrid Program Signage
- I am a merchant who intends to pass on my credit card fees. What is the process I need to follow?
- Is there a limit to how much I can pass on to my customers?
- The “Dont’s” of Passing on Credit Card Fees
- What have Visa and MasterCard communicated about these changes?
- What should I consider when determining whether or not to pass on credit card fees?
- What states can I pass my credit cards fee in?
- What transactions can I pass my credit card fees on?