CT-based CardFellow released an infographic version of its popular blog post offering detailed information about the rules surrounding surcharges.
The infographic combines information on card brand regulations, consumer opinions of surcharging, and details on credit card usage in order to highlight the multiple facets involved.
Credit card processing costs have long been a thorn in business owners’ sides, and the results of a 2013 lawsuit that made surcharging possible have some businesses considering whether that’s the route they should take to cover their processing costs.
The infographic also includes a map and list of states that currently prohibit surcharging.
CardFellow has been helping businesses find the most competitive credit card processing solutions since 2006. The company’s online marketplace offers instant quotes from pre-screened credit card processors as well as personalized support to help businesses select the best option. The company also offers an extensive product directory with one-click options to add processing equipment to quotes, and a review system for consumers to read or post about experiences with processors or equipment. Merchants remain anonymous so they can review quotes without the pressure of sales calls. Based in Connecticut, CardFellow provides services to businesses throughout the United States.
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