Visa: Is a merchant allowed to add a surcharge to the purchase amount?
In general, no. Surcharging is currently permitted in Australia, Mexico, and New Zealand, and on certain credit card transactions in the U.S. Surcharging isn’t allowed everywhere in the U.S. Currently, there are laws limiting surcharging in Colorado, Connecticut, Kansas, Maine, Massachusetts, New York, Oklahoma, and Texas. California’s and New York’s laws limiting surcharging have been …. Read More
Visa: Can a merchant require a minimum purchase amount?
In general, a merchant is not permitted to establish a minimum or maximum amount for a Visa transaction. However, exceptions apply in the U.S. and U.S. territories, such as Puerto Rico, U.S. Virgin Islands, and Guam. In those locations and only for credit cards, a merchant may require a minimum transaction amount of US $10 …. Read More
Visa: When does a merchant need to provide a receipt for a transaction?
In general, a merchant must provide a receipt for all Visa transactions. However, if the transaction is below a certain amount, the merchant is only required to provide a receipt upon the cardholder’s request. In addition, the merchant is not required to provide a receipt for a low-value transaction at an unattended terminal, such as …. Read More
Visa: Can a merchant add a surcharge to the purchase amount?
In general, no. Surcharging is currently permitted in Australia, Mexico, and New Zealand, and on certain credit card transactions in the U.S. Surcharging isn’t allowed everywhere in the U.S. Currently, there are laws limiting surcharging in Colorado, Connecticut, Kansas, Maine, Massachusetts, New York, Oklahoma, and Texas. California’s and New York’s laws limiting surcharging have been …. Read More
Visa: Can a merchant charge a convenience fee?
In certain countries, for example Russia, the U.S., and some countries in Asia, a merchant is permitted to charge a convenience fee to the customer. The fee must be a flat fee (not a percentage of the transaction amount), clearly disclosed, and represent payment for the convenience of paying through an alternate payment channel (such …. Read More