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Every day, our clients ask us about the Payment Card Interchange Fee Settlement. It has been running for years, with many extensions, and now there is a new one.
Before the rules, our position.
We do not recommend surcharging. Not one of the 500 largest companies in America adds a credit card surcharge, the consumer research is uniformly bad, and in our experience most merchants who surcharge are passing along fees they were never supposed to be paying in the first place. We have made that case at length in our full guide to credit card surcharging.
