Stephenson, Correy
Convenience feesare when you charge a fee to customers for the convenience of paying outside of your usual channel (for example, paying over the phone) no matter what payment method they use. That may include credit cards. Convenience fees are assessed as a flat dollar amount, not a percent...
Credit card surcharging, a strategy that helps merchants reduce the cost of accepting credit card payments, is steadily growing in popularity. With surcharging, merchants reduce the impact of credit card processing fees by transferring the fee for a credit card transaction to the customer. Many me...
You can require clients to provide credit card information for every booking service, including free ones. The card will only be used for a specific order and can't be used for any other orders. This allows you to charge clients for cancellation and no-show fees, when necessary. Important...
As of 2025, there are four states that prohibit surcharging: California, Connecticut, Maine, and Massachusetts. If your business operates in any of those states, you may not charge credit card fees to your customers. Several states still have anti-surcharge laws on the books, but they are ...
Do charge interest or late fees when: You are in a cash crunch: If your business needs cash now, charging interest or late fees on unpaid balances is a necessity for your accounts receivable process. You have clients who consistently pay late: If customers are unconcerned about paying for se...
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Among other provisions, the new rules will require credit card companies to give more notice before changing clients’ terms such as interest rates, and the issuers won’t be allowed to apply those rates retroactively to existing balances unless the cardholder’s minimum payment is 60 days overdu...
I am sure this solution will not work for all, but it did work for one of my clients. So I am hoping it helps someone here too. Automate & bulk assign products to shipping profile: Auto Shipping Profiles: ShiprCalculate accurate shipping rates: Shipping Calculator:...
Just to let folks know. Sadly this is normal practice. You are technically being credited back the credit card transaction fees when you cancel an order, but you are being charged them again on the refund transaction as an interchange fee from the bankin