Every time a business accepts a credit card payment, that business must pay a set of processing fees. Credit card surcharging is the act of passing along these fees to the customer. In years past, surcharging has been fraught with legal hurdles and public disfavor, but much of that has changed. Today, surcharging is more common and more favorable than ever, but it still carries some serious potential risks.
In this webinar, experts from Verisave will discuss the rule changes and some of the crucial technologies that have made surcharging a much more viable way to recoup processing fee costs.
Jeremy Layton started Verisave back in 2001 to identify and collect 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 paying much more than they needed to, and Jeremy was determined to help them reduce these fees. Over the past ten years, Jeremy has become an expert in all things relating to the credit card processing industry. Verisave saved its customers over $30 million on credit card processing fees.