Giving your customers as many ways to spend money with your business is a must for increasing revenue potential but accepting credit cards also comes at a cost: interchange fees that can eat into your profits.
Read MoreIn a world where swipe fees (otherwise called interchange fees) are on the rise, it’s more important than ever for merchants to take advantage of surcharging to offset these costs. However, it’s important that you ensure total compliance when implementing surcharging. Failure to comply with surcharging rules can lead to significant financial penalties from credit card brands.
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