Surcharging Is Going Mainstream, The Green Sheet Says
“Whether selling cash discounting or surcharging, technology solutions need to be in place. Merchants need a terminal, and an API or app that can distinguish between credit and debit cards, for example. Settlement and reconciliation are other key components, and in the case of surcharging, there are state compliance considerations. Available solutions address these requirements.
CardX built a solution that meets all compliance requirements of the 48 states that permit surcharging, Razi noted. ‘We cover about 97 percent of the population,’ he said, adding that the front end built by CardX can sit in front of most processors. ‘Virtually any ISO will find one of their partners is supported by CardX,’ he said.”