In this short video, I'm going to be discussing if a business can charge a credit card processing fee or not. The answer is yes, but there is more to it than that, so stay tuned to learn about the 3 things you need to know about it first.
00:16 Make sure to label it as a convenience fee
00:40 You can put a minimum to use a credit card
00:54 #1 - Is there a limit?
01:08 #2 - Do you need to refund the convenience fee as well when you do a refund?
01:23 #3 - Do you need to notify the customer if you're charging a convenience fee?
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Joe Camberato
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Disclaimer: The information and insights in this article are provided for informational purposes only, and do not constitute financial, legal, tax, business or personal advice from National Business Capital & Services and the author. Do not rely on this information as advice and please consult with your financial advisor, accountant and/or attorney before making any decisions. If you rely solely on this information it is at your own risk. The information is true and accurate to the best of our knowledge, but there may be errors, omissions or mistakes.
