How will you know if you are being hit with a credit card surcharge? - News Summed Up

How will you know if you are being hit with a credit card surcharge?


Send us all of your questions about the new credit card surcharge. Our last article answering your credit card surcharge questions generated a lot of follow-ups, so we're back with more answers about the additional fees you could see when using your Visa or MasterCard. A second sign indicating the credit card surcharge must be present at the point of sale, which should also specify the amount that will be charged for using Visa or MasterCard. Some businesses have already notified customers of their intent to start applying a credit card surcharge, including telecom provider Telus. "To the extent merchants wish to surcharge credit cards issued by any other credit card service provider, they should consult that provider and its rules to ensure that is permitted," said Brasil.


Source: CBC News October 15, 2022 08:21 UTC



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