Thread: Is there a charge to the Merchant when you use a Gift Card?
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Old 06-05-2023, 07:15 AM
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Quote:
Originally Posted by MandoMan View Post
That has changed. It’s legal in many states, including Florida.
Quote:
Originally Posted by EdFNJ View Post
Most credit card banks do not permit UPcharging for credit cards or you can risk losing your processing contract .
Pretty sure that UPcharging for using credit is legal everywhere. There was a lawsuit against Visa/MC a few years back. Merchants are allowed to surcharge up to, but not exceeding, their card processing rate. This rate varies wildly, from 1% or below for big retailers like Walmart and Amazon, to 5% for small low volume retailers.