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Compliant Surcharge Staff Training Checklist for the Auto Industry
Running a dealership or repair shop means every customer interaction matters, especially when it comes to payments. If your business is adding a credit card surcharge to offset processing costs, it’s critical that your staff understands the rules, communicates clearly, and avoids costly mistakes.
PayJunction Team
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Already Surcharging? Make Sure You’re Not Leaving Money on the Table
If you’re already surcharging credit card payments, you’ve taken a smart step toward lowering your payment costs. But you could still be missing out, especially when it comes to debit fees and surcharge compliance. A quick check can help you spot hidden costs and avoid compliance risks.
Randy Modos
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Compliant Surcharge Checklist: Protect Your Dealership’s Margins Without Breaking the Rules
What is a Surcharge? A surcharge is a small fee added to credit card transactions to offset payment processing costs. It allows dealerships to protect profit margins without raising prices across the board.
Randy Modos
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Interchange Updates and the Hidden Costs of Payment Processing
Supply chain uncertainty. Consumer sentiment. Rising costs of goods and services. These three big things create economic uncertainty and make it difficult for merchants to navigate a profitable path forward. Each of these factors can impact costs, squeeze cash flow, and hurt the bottom line.
Michelle Wagner
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What is a Surcharge? Best Practices for Merchants
As the tools and strategies available to merchants evolve, one area that’s gained significant attention recently is credit card surcharging. Surcharging is a practice that allows businesses to pass on most of the cost of credit card processing fees directly to their customers. If implemented correctly, surcharging can be a valuable way to manage rising operational costs. However, navigating the legal landscape and maintaining customer trust requires a thoughtful and ethical approach.
Randy Modos
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Credit Card Surcharging: Your Guide to Reducing Transaction Costs
Credit card surcharging, a strategy that helps merchants reduce the cost of accepting credit card payments, is steadily growing in popularity. With surcharging, merchants reduce the impact of credit card processing fees by transferring the fee for a credit card transaction to the customer.
Randy Modos
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