Square Champion

Credit card surcharge

So it looks like Square is finally going to allow credit card surcharges to be applied to in-person transactions. It’s a beta and limited to just a couple of their systems like Square Point of Sale and 1 other. Doesn’t work for Square for Retail but it’s progress on a much requested feature. Here’s the link to the support article so people can check it out 

https://squareup.com/help/us/en/article/8580-set-up-and-manage-credit-card-surcharges?utm_medium=web...

Steve Green, if my answer solved your problem then please select best answer
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Square Champion

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In the UK , credit card surcharge is not allowed for personal CC , only business CC

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As a storekeeper, I'd never add a credit card surcharge. As a customer, I find them offensive. Like "Oh, you want to pay my asking price for something? He's an additional fee." 

I understand in some places it's normal to add taxes, tips, etc. to a displayed price. Here in Australia we display a price inclusive of tax - the price that is paid for the item. I don't charge customers more to pay by cash (it has costs too—insurance, safety, fraud risk, time to count, time to take to the bank, etc.). I see any surcharge as a cost to my business and build it into my pricing. 

Nice feature for those who want it, I'd never use it. 

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Square Champion

I appreciate that they added this feature, but I think this works better for those with really thin margins, otherwise, the 2.5% I pay is simply the cost of doing business, and it is baked into my pricing scheme.

I'm glad it is there for those who need it though.

In case you are on the fence about this, you MUST inform Mastercard of your intent 30 days BEFORE you activate it.

Orlando Perrone
Owner
Perrone Technologies: The Computer Shop
www.perronetech.net
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