1-888-689-6088 1-888-689-6088

Visa & MasterCard Surcharge Merchant Processing

Effective January 27, 2013 as part of a lawsuit from Visa®& MasterCard® merchants in 40 states can add a 3.00% surcharge to their customer's purchase, which will in effect reduce the Visa®& MasterCard® transaction fees to $0.00/100% Guaranteed!

Take for example a transaction in the amount of $100. When surcharging is done, the customer’s receipt is itemized a surcharge amount of up to 3%.

The receipt for example would say
$100 – Items Purchase
$3.00 Surcharge
$103 – Total

The user is now required to pay all the credit card cards fees.
The merchant receives the entire $100 total deposited into their account and the other fees are distributed automatically to the banks and processors.

There are some things to note:

  • Retailers can apply a surcharge only to credit card purchases. They cannot add a surcharge to debit cards or prepaid cards.
  • If retailers wants to surcharge, they must alert customers before a purchase is made.
  • Retailershave to disclose on every receipt the surcharge amount. This is required in stores and online.

Apply Now »