Have you been charged an extra 3% at your local restaurant when you pay by credit card? Credit card surcharging and cash discounts are becoming more and more prevalent. But what are the rules around these programs, and how can businesses make sure they’re compliant? Eric Cohen, CEO of Merchant Advocate (an NJCPA member benefit provider), sheds some light and provides guidance.
Resources:
- Learn more about how Merchant Advocate can help your business save on credit card fees without switching processors: merchantadvocate.com/NJCPA