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Merchant Card Services DATE: TO: Merchant Card Services FROM: RE: MERCHANT SURCHARGE NOTIFICATION FORM As described under the terms of the settlement agreement in the Payment Card Interchange Fee
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How to fill out memo merchant surcharge notification

How to fill out memo merchant surcharge notification:
01
Begin by filling in the date at the top of the memo.
02
Write down the name of the merchant for whom the surcharge notification is being filled out.
03
Include the merchant's contact information such as their address, phone number, and email.
04
Clearly state the reason for the surcharge notification. This could be due to changes in pricing, fees, or any additional charges being implemented.
05
Specify the effective date of the surcharge notification. This will inform the recipient when the changes will come into effect.
06
Clearly state the new surcharge amount or the percentage that will be added to the regular pricing or fees.
07
If there are any terms and conditions associated with the surcharge, make sure to include them in the memo.
08
End the memo by including your contact information in case the recipient has any further questions or concerns.
Who needs memo merchant surcharge notification:
01
Businesses or organizations that have merchant accounts and accept credit or debit card payments.
02
Merchants who have decided to implement additional charges on their goods or services.
03
Merchants who need to notify their customers or clients about any changes in pricing or fees.
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What is memo merchant surcharge notification?
Memo merchant surcharge notification is a notice sent to merchants informing them of the surcharge that will be applied to transactions.
Who is required to file memo merchant surcharge notification?
All merchants who intend to apply a surcharge to transactions are required to file memo merchant surcharge notification.
How to fill out memo merchant surcharge notification?
Memo merchant surcharge notification can be filled out online through the designated platform provided by the regulatory authority.
What is the purpose of memo merchant surcharge notification?
The purpose of memo merchant surcharge notification is to inform customers about the additional charges they may incur during transactions.
What information must be reported on memo merchant surcharge notification?
Information such as the percentage of surcharge, types of transactions applicable, and effective date of surcharge must be reported on memo merchant surcharge notification.
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