No Hidden Fees. No Contracts. Expert Support 24/7.

800.335.6717
TransAct
Login Get Processing Savings Quote
  • Merchant Services
    • Payment Gateways
    • QuickBooks Integration
    • Consulting
    • Ecommerce
    • E-Checks
    • Mobile Payments
    • HIPAA Compliant Payment Processing
    • PCI Compliant Payment Processing
    • Recurring Payments
    • Digital Payments
    • Training & Onboarding
    • POS Systems
    • Equipment & Supplies
  • Who We Serve
    • Retail
    • Healthcare
    • Professional Services
    • Franchises
    • Seasonal Businesses
      • WEX Credit Card Processing
    • Home-Based Businesses
    • Restaurants
    • See All Businesses
  • Partner Program
  • Why TransAct
    • Pricing
    • Testimonials
    • Business Development
  • Blog
  • Resources
    • Passing Credit Card Fees to Customers
    • PCI Compliance
    • FAQs
  • Merchant Services
    • Payment Gateways
    • QuickBooks Integration
    • Consulting
    • Ecommerce
    • E-Checks
    • Mobile Payments
    • HIPAA Compliant Payment Processing
    • PCI Compliant Payment Processing
    • Recurring Payments
    • Digital Payments
    • Training & Onboarding
    • POS Systems
    • Equipment & Supplies
  • Who We Serve
    • Retail
    • Healthcare
    • Professional Services
    • Franchises
    • Seasonal Businesses
      • WEX Credit Card Processing
    • Home-Based Businesses
    • Restaurants
    • See All Businesses
  • Partner Program
  • Why TransAct
    • Pricing
    • Testimonials
    • Business Development
  • Blog
  • Resources
    • Passing Credit Card Fees to Customers
    • PCI Compliance
    • FAQs
Login Get Processing Savings Quote
Home   /   Blog   /   Beyond PCI Compliant, 3 Important Steps to Take Before You Decide To Surcharge

Beyond PCI Compliant, 3 Important Steps to Take Before You Decide To Surcharge

We have been discussing and sharing new information about security and safety for your business. Beyond being PCI compliant, here are 3 important steps to take before you decide to surcharge.

1) Notify the credit card companies if you intend to surcharge payments. For example, Visa requires a 30-day notice before you can apply a surcharge to your clients’ and customers’ credit card payments.

2) Know the cards and the states in which you can apply the surcharge. Debit cards are exempt, and cannot have a surcharge applied. The 6 (six) states who prohibit surcharging (as of 1-30-20) include:

  • Colorado
  • Connecticut
  • Kansas
  • Maine
  • Massachusetts
  • Oklahoma

3) Be prepared to disclose the surcharge. This can be of concern to you as a business owner, especially if your competition does not follow a similar practice. No matter what, you have to tell them that you are surcharging before you take their card for payment…and you have to disclose it on their receipt.

We know that some businesses can really benefit from this program. It is something to consider carefully and weigh all of the options and the requirements to remain compliant.

No matter what you decide to do, be aware of all of the local, state and bank card requirements to be sure that you will continue to be able to process credit card payments.

If you have read all of this and still think you want to apply a surcharge, there are ways to manage this to be compliant.

Contact us to learn more. We can help.

Posted on January 30, 2020September 22, 2020Author TransActCategories Advice

Post navigation

Previous Previous post: 3 Steps to Security in Your 2020 TransActions
Next Next post: Is Your Business One of The 35% Still Using Windows 7

Categories

  • Advice
  • American Express
  • Bank Cards
  • Clients
  • Consumer
  • Consumers
  • Credit Card Processing Equipment
  • Medical
  • POS
  • Restaurants
  • Retail
  • Seasonal
  • Security
  • Uncategorized

Tags

  • 2019 taxes
  • bank partnership
  • calendar
  • consultation
  • custom solution
  • e-commerce
  • expenses
  • nonprofit fundraising
  • nonprofits fundraising tools
  • partner programs
  • payment processing
  • pay now
  • pay now button
  • POS
  • reduce fees
  • referral
  • risks
  • schedules
  • shopsmall
  • surcharge
  • surcharging
  • tax
  • tax deductions
  • tax prep
  • women's business day
  • women owned business
  • Services
  • Ecommerce
  • Payment Processing
  • Partner Program
  • Why TransAct
  • Blog
  • Terms of Use
  • Payment Policy
TransAct
800.335.6717

© Copyright Transact, All Rights Reserved 2026

× qcwpbotmodal-content