This training on credit card surcharging will discuss the guidelines on how a company can legally surcharge a customer for paying with a credit card. When considering implementing a credit card surcharging policy, it is important to understand the rules that need to be followed, the risks that exist and the pros and cons of doing so. It will also cover other techniques to help a company minimize its credit card processing fees.
Jeremy Layton started Verisave back in 2001 with the service of identifying and collecting overpayments made by their customers to their suppliers. In 2010 Jeremy noticed that most of his customers were paying a lot of money to process credit card payments. After digging a little deeper, he found that most of his customers were actually paying much more than they needed to and Jeremy was determined to help them reduce these fees. Over the past 10 years Jeremy has become an expert in all things relating to the credit card processing industry. In fact, Verisave saved its customers over $30 million on credit card processing fees.
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