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Credit Card Authorization American Association of Public Health Dentistry 136 Everett Rd. Albany, NY 12205 2175296941 To Our Valued Customers: Visa, MasterCard, and Discover have recently changed

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How to fill out surcharging credit cards and

01

Ensure that your business complies with all legal regulations regarding surcharging credit cards.

02

Clearly communicate to your customers that you will be applying a surcharge for credit card transactions.

03

Calculate the surcharge percentage based on the costs incurred by processing credit card payments.

04

Add the surcharge percentage to the total amount of the transaction during the checkout process.

05

Clearly display the surcharge amount on the customer's receipt.

Who needs surcharging credit cards and?

01

Businesses that want to offset the costs associated with processing credit card payments may benefit from surcharging credit cards.

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Companies that have thin profit margins and want to avoid absorbing credit card processing fees may also find surcharging credit cards useful.

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What is surcharging credit cards?

Surcharging credit cards refers to the practice of adding a fee to a customer's total when they choose to pay with a credit card, usually intended to cover the merchant's processing costs.

Who is required to file surcharging credit cards?

Merchants who implement surcharging on credit card transactions are typically required to file surcharging notices with their payment processors or relevant financial institutions.

How to fill out surcharging credit cards?

To fill out surcharging credit cards, merchants should complete any required forms provided by their payment processor, ensuring to include details about the surcharge percentage and the specific credit cards being surcharged.

What is the purpose of surcharging credit cards?

The purpose of surcharging credit cards is to offset the costs incurred by merchants for processing credit card payments, thereby helping to maintain their profit margins.

What information must be reported on surcharging credit cards?

Merchants must report details such as the surcharge amount, the types of credit cards affected, and notify customers clearly about the surcharge at the point of sale.

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