The cut the card networks and your payment processor keep from every card transaction. Whether you may add it back onto the customer's bill as a surcharge is restricted in some countries, provinces and states, and separately restricted by the agreement you signed with the card networks, so the answer depends both on where you are and on who processes for you. Building the cost into your rates avoids the question entirely.
This one depends on where you work
The rule behind processing fee is set by the province or state the work is in, and the versions do not agree with one another. We have described the shape of it and deliberately not named a deadline, a cap or a percentage — check the rule where you work, or ask someone who practises there.
In FieldQuo — Get paid by card
FieldQuo takes card payments through your own connected account, so the processing terms are between you and your processor.
Related terms
- Card paymentTaking payment by credit or debit card rather than by cheque, cash or transfer.
- ChargebackWhen a customer disputes a card payment with their own bank and the money is taken back out of your account while the claim is looked at.
- MarkupWhat you add on top of your cost to reach your price, given as a percentage of the cost.
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