How Will You Know If You Ve Been Hit With A Credit Card Surcharge
You asked, we listened. Our last article answering your credit card charge questions got you a lot of follow-up, so we’re back with more answers about the additional fees you might see when using your Visa or MasterCard. Should businesses notify customers that the surcharge applies? Businesses that apply the surcharge must make it clear to customers that they are doing so — and there is a strict protocol. For brick-and-mortar businesses, merchants should make sure they have a sign on the door indicating they intend to charge a surcharge for credit card transactions, said Corinne Pohlmann, senior vice-president of national affairs and partnerships at the Canadian Federation of Independents Businesses (CFIB)....