Surcharging had been historically prohibited in the U.S. per the networks’ merchant rules, as well as prohibited by law in 10 states. Any state laws will continue to “trump” networks’ merchant rules. The recent changes in surcharging law could not only affect your merchant processing transactions but also your customers’ credit card usage.
When suppliers are reaping the rewards, they should not be adding a surcharge. They might overlook the benefits of card acceptance, as well as the cost of other payment methods like checks and cash. This training on credit card interchange fees rules will clearly explain the changes in the rules, which will benefit from the changes and how it will affect the retailers and customers.
WHY SHOULD YOU ATTEND?
The worst thing end-user organizations can do is to have an uninformed reaction to surcharging. It’s important to first look at the big picture. End-users should also educate suppliers about the economics of card acceptance, pointing out the savings possible and other benefits.
AREA COVERED
- History of surcharging
- What changed in the rules?
- Why did it change?
- Who may benefit?
- Sources of information
- Will this change anything?
- What you should do.
LEARNING OBJECTIVES
- Passing on interchange fees has always been against card network regulations
- Companies have found unique ways to get around the regulations or simply did not comply.
- An anti-trust lawsuit finally filed in 2005 and in July 13, 2012 the suit was finally settled.
- Credit card surcharging is prohibited in ten (10) states while another dozen states are considering legislation.
- This training on credit card surcharges compliance will discuss how the recent changes in law will affect end-user organizations.
- It will also provide attendees with the tools necessary to review and deal with any potential surcharge/checkout fee situations.
WHO WILL BENEFIT?
- Corporate accounts receivable managers
- Industries with large credit card receivables
- Multi-state corporations
- Retail organizations
- Financial Officers
- Risk Officers
- Internal Auditors
- Operational Risk Managers
- Credit Card Program Administrators
- Comptrollers
The worst thing end-user organizations can do is to have an uninformed reaction to surcharging. It’s important to first look at the big picture. End-users should also educate suppliers about the economics of card acceptance, pointing out the savings possible and other benefits.
- History of surcharging
- What changed in the rules?
- Why did it change?
- Who may benefit?
- Sources of information
- Will this change anything?
- What you should do.
- Passing on interchange fees has always been against card network regulations
- Companies have found unique ways to get around the regulations or simply did not comply.
- An anti-trust lawsuit finally filed in 2005 and in July 13, 2012 the suit was finally settled.
- Credit card surcharging is prohibited in ten (10) states while another dozen states are considering legislation.
- This training on credit card surcharges compliance will discuss how the recent changes in law will affect end-user organizations.
- It will also provide attendees with the tools necessary to review and deal with any potential surcharge/checkout fee situations.
- Corporate accounts receivable managers
- Industries with large credit card receivables
- Multi-state corporations
- Retail organizations
- Financial Officers
- Risk Officers
- Internal Auditors
- Operational Risk Managers
- Credit Card Program Administrators
- Comptrollers
Speaker Profile
Ray Graber
Ray Graber has a deep and thorough understanding of banking, technology, and finance. His business experience includes banking technology research at TowerGroup; best practices internet policies at FleetBoston Financial; wire transfer operations and product launches at Citibank and BankBoston; and treasury operations for a $325 million public company.Ray was an adjunct professor at the Carroll Graduate School of Management at Boston College where he taught E-Banking, MBA Leadership, Corporate Finance, and the Financial Management of Commercial Banks. He also taught Working Capital and Cash Management at the Bentley College Graduate Business Program.Ray holds a Bachelor of Arts degree in Mathematics …
Upcoming Webinars
Managing Toxic Employees: Strategies For Leaders To Effecti…
DOL Reverses Course on Independent Contractor Rule for 2026…
The emergence of Social Determinants of Healthcare
Leadership: Strategic Planning and Decision Making
Beginners Guide to Data Transformations in Power Query
Understanding EBITDA – Definition, Formula & Calculation
Navigating HR Like A Pro: What Every Small Business & New H…
HPLC Analytical Method Development and Validation
ChatGPT and Project Management: Leveraging AI for Project M…
Managing Projects When AI Joins the Team: Human Judgment, A…
Negotiating Skills For Professional Results - Winning Strat…
Fostering a Culture of Respect: Eliminating Gossip, Rumour…
Handbook Overhaul 2026: Compliance, OBBB Act & Beyond
Paying and Receiving Payments for Referrals: You Can Go to …
Excel Spreadsheets; Develop and Validate for 21 CFR Part 11…
Excel + AI: The Smart User's Guide to Faster, Easier Work w…
Tattoos, hijabs, piercings, and pink hair: The challenges …
The Importance of the first 5 seconds when presenting
Ten Red Flags that Signal Financial Distress in Business Cu…
The Age-Inclusive Workplace: How to Lead and Work Across Ge…
The New W4 - How to Assist Employees with Proper Completion…
Transforming Anger And Conflict Into Collaborative Problem …
Microsoft Excel PivotTables: Basics of Data Analysis for Bu…
4-Hour Virtual Seminar on Management Skills For New Managers
Fatal Errors Employers Make When Updating Employee Handbook…
Tools for New Managers: Connecting with Employees to Optimi…
Supervisor Excellence: Skills to Lead High-Performing Teams
The Manager’s Playbook for Leading After Layoffs: Quickly R…
Elevate Your Workplace Wellness: 10 Critical Wellness Facto…
Conquer Toxic People - Learn To Protect Yourself And Get Yo…
Excel - Lists and Tables - A Beginner's Guide to Managing L…
Thriving in a Hybrid Workplace: Keys to Leadership and Team…
Launch Your Career: The Ultimate Guide for Emerging Profess…
Mastering Performance Management: Strategies for Continuous…
Gossip-Free: Leadership Techniques to Quell Office Chatter
Pivot tables beginner to advanced + 20 advanced Pivot table…
AI Fundamentals for All Leaders and Managers: How to Work S…
Rewiring Your Emotional Triggers: Leading with Clarity and …
The $1M Mistake: EEOC Discrimination Claims Employers Make …
Using Claude in Excel for Productivity, Automation & Data A…
AI in B2B Marketing: What Your Compliance Team Needs to Know