Loeb & Loeb partner Stephen Aschettino is quoted on why merchants may choose to impose a credit card surcharge rather than lower costs by switching processors or negotiating better fees. This article discusses merchants’ freedom to charge customers a premium for paying with credit card, a practice that has not caught on, but could be changing as more merchants are inquiring about surcharging.
Click here to read the article on Payments Source’s website.
Click here to read the article on Payments Source’s website.