BUSINESS

Surcharge fees: Businesses can add surcharge to make up for credit card fees

Comment
Decrease Increase Text size

Starting today, you may notice an extra surcharge on your purchases if you use your credit card, WTOP reports. The new fee, which ranges anywhere from 1.5 to 4 percent of the total purchase, is to make up for what businesses pay in credit card fees.

If and when a business decides to charge the fee, customers will be notified by signs and information posted online.

The surcharges are a result of the multibillion dollar deal that credit card companies and merchants reached last summer.

Would you like to contribute to this story? Join the discussion.

Recommended For You
comments powered by Disqus