SurchX
Blog

Read our latest, blog post. Charge Forward.

How Surcharging Can Benefit Your Business

Posted on July 03, 2019 at 08:30 AM

Credit card processing fees and interchange rates have been steadily increasing since 2003. Especially for luxury credit cards like platinum and rewards cards. Recently, Visa, Mastercard, and Discover Card announced plans to raise interchange rates. With 73% of Americans using less cash today than they did 10 years ago, credit card processing fees are more […]

Continue Reading


Best Rewards Credit Cards 2019

Posted on July 01, 2019 at 08:30 AM

More and more American’s are opting to apply for the best rewards cards they can find. The bulk of purchases are done by credit cards. People like to rack up points. These days, many financial planning sites can look at your financial status and recommend the best card to fit your needs, and countless websites […]

Continue Reading


Why Surcharging is a Game Changer for US Merchants

Posted on June 26, 2019 at 09:05 AM

  Not a lot of companies in the United States are familiar with surcharging, but that will likely change very soon. In our ever-evolving economic infrastructure and the rise of credit card processing fees, the practice of surcharging to recover credit card processing fees with only increase. Anybody who accepts credit cards as payment knows […]

Continue Reading


One of the Largest Direct Response Companies in the US Implemented a Surcharge. Here’s What Happened.

Posted on June 24, 2019 at 09:01 AM

Surcharging, the practice of passing credit card processing fees onto customers is still a relatively new concept in the United States. Like all new ideas, there are a lot of misconceptions about it. One of the most common reasons merchants are hesitant to implement a surcharge fee is the fear that they will lose customers. […]

Continue Reading


7 Benefits of Surcharging

Posted on June 19, 2019 at 08:02 AM

Any time a merchant or company accepts a credit card, they must pay a percentage of the total transaction to the associated credit card company, referred to as a credit card processing fee. “A cost of doing business,” some say. But in a recent poll, 91% of merchants said processing fees have risen in the […]

Continue Reading


What are Credit Card Processing Fees?

Posted on June 17, 2019 at 08:45 AM

A credit card processing fee is the percentage of the sale a merchant or business must pay every time it accepts a credit card as payment. The exact percentage of a credit card processing fee depends on a variety of different factors such as the provider (Visa, Mastercard, etc..,), level of rewards offered to the […]

Continue Reading


SurchX Receives Rising Star and Premium Usability Awards

Posted on June 12, 2019 at 08:40 AM

We are ecstatic to announce that Finances Online, a B2B software discovery and comparison platform has reviewed SurchX and presented our company with the Rising Star 2019 and Premium Usability awards. They’ve also given SurchX a rating of 8.0 out of 10. While we would have preferred a 10, we’re grateful they took the time […]

Continue Reading


Kroger, Lyft and Starbucks Seek Solution to High Credit Card Processing Fees

Posted on June 11, 2019 at 21:22 PM

The tension between merchants and credit card providers continues to grow. As processing fees continue to rise, especially on popular reward cards, merchants who accept them are feeling the pinch. And some are taking pretty radical action. On March 3, 2019, Kroger, the nation’s largest supermarket chain, made headlines by announcing that its Smith’s Food […]

Continue Reading


3 Things the United States Can Learn from Australia’s Surcharging Laws

Posted on May 24, 2019 at 21:59 PM

Credit card surcharging by merchants is still a relatively new concept in the United States. However, in Australia, businesses have been surcharging on both credit cards and debit cards for years.  Looking into Australia’s surcharging history and the impact on consumer spending habits can shed light on what merchants can expect as surcharging gains traction in the U.S. 1. Merchants don’t lose customers when they surcharge Even as laws make it possible for U.S. […]

Continue Reading


Should I Surcharge

Would Your Company Benefit from Surcharging?

Posted on May 24, 2019 at 18:52 PM

eCommerce is growing fast. New merchants are selling their goods and services online every day. Are credit card processing fees holding your company back? Whenever a customer uses a credit card to purchase something from a merchant, the merchant must pay a processing fee to the associated credit card company and bank. With more and […]

Continue Reading