surcharge solution


WHAT IS CREDIT CARD SURCHARGING?

A credit card surcharge is an additional fee that a merchant may pass to a consumer or business when they elect to use a credit card as a means of payment to help offset the high cost of credit card acceptance. In the past, state laws and major credit card companies prohibited surcharging - the rules have now changed, and it’s now permitted for a merchant to apply a surcharge to customers who pay with a credit card.

Eliminate the cost prohibitive credit card acceptance fees, while adhering to compliance requirements, by using UTA's surcharging solution for credit card payments accepted over the phone or at the point of sale


Surcharge Fees

Apply Surcharge Fees to most Visa, MasterCard, Discover, and American Express payments

Large Ticket Discounts

Eliminate compliance exposure

Automated Surcharging

Smart surcharge calculation will apply the fee automatically

 
Level 2&3 processing

Card validation occurs at the point of entry so that only qualified payments are surcharged

Large Ticket Discounts

No software to purchase

Automated Surcharging

Surcharging notification and disclosure requirements will be provided

THE RULES OF SURCHARGING

  1. You must be registered with Visa, MasterCard, and Discover (Registration process takes 30 days).
  2. Alert your processor 30-days before implementing surcharging.
  3. You must be sure your state allows for surcharging.
  4. You must inform your customers at the point of entry and the register that a surcharge will be added to their bill before completing the transaction.
  5. The amount of the surcharge must not exceed your retail cost of acceptance or 4%.
  6. The total amount plus the surcharge must be processed together as one transaction.
  7. The receipt must show the total amount on one line and the surcharge amount as a separate line item on the receipt. You must never surcharge a debit card, gift card, or a prepaid card.

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