Most credit card companies require merchants to disclose credit card surcharges in online transactions, on a sign at the store’s point of entry and point of sale, and on the receipt. Credit card surcharges must be disclosed before purchase. Are businesses required to disclose a credit card surcharge? As a result, most credit card companies prohibit merchants from surcharging debit card transactions. Under federal regulations credit card issuers can only receive fees for debit card transactions of up to 21 cents, plus 0.05 percent multiplied by the value of the transaction, plus 1 cent for fraud prevention. Can businesses apply a surcharge to debit card transactions? ![]() No, major credit card companies have rules that limit the amount a merchant can add to a customer’s credit card purchase but typically prohibit businesses from charging more than their actual cost for processing credit card transactions. ![]() Can businesses charge whatever they want as a surcharge? Therefore, merchants in Florida may add a surcharge to credit card purchases. Florida has a law prohibiting credit card surcharges, but that law was held unconstitutional by federal courts. Yes, except in some states with laws that prohibit credit card surcharges. Some merchants may choose to recoup these fees by adding a surcharge to your purchase. These “interchange fees,” also called “swipe fees,” are often calculated as a percentage of the amount you purchase. When you use a credit card to pay for goods or services the merchant is charged a fee by the credit card company. Source: The Florida Attorney General's Office
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