Can Surcharging Ever Be the Norm?
A walk-through of the issues. What are credit card surcharges? Merchants pay an interchange fee each time they accept a debit or credit card for payment. Debit card interchange fees are so small that they may not be recouped through surcharging. Only credit card interchange costs may be added as a surcharge to credit card transactions, and merchants assert that surcharges allow them to recover the interchange costs of an individual transaction. Merchants say that otherwise, t