SurchX
Blog

Read our latest, blog post. Charge Forward.

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


Surcharge Summit

Surcharge Summit

Posted on May 24, 2019 at 18:43 PM

Surcharge Summit is an exclusive, invite-only event, the soonest of which coincides seamlessly with subscription summit in New Orleans May 29th. Attendees will meet members of SurchX, the leading authorities in surcharging compliance. Ask questions, gain insights and walk away understanding how their business can legally surcharge while remaining fully compliant with all U.S. rules […]

Continue Reading


eCommerce Growth

Online Retail May Be Big Business but Small Business Can Compete

Posted on May 06, 2019 at 16:32 PM

ECommerce is largely a game of the big players, and the big players are not all in the United States. In fact, of the top five online marketplaces, only two, Amazon and Ebay, are in the US. The other three are in China, where enormous population will always give an edge, and where one man, […]

Continue Reading


Top 6 Surcharging Myths

Top 6 Credit Card Surcharging Myths

Posted on May 03, 2019 at 22:45 PM

Surcharging is still a relatively new concept in the United States, and like all new things, there are a lot of misconceptions about it. In order to help separate fact from fiction, we dispelled the top six most common myths around surcharging. MYTH 1: I’LL LOSE CUSTOMERS IF I IMPLEMENT A TRANSACTION FEE. In business, […]

Continue Reading


Online Retail Merchants Struggle with High Credit Card Processing Fees

Posted on April 24, 2019 at 23:10 PM

Things have been boiling in the credit card processing business for the past few decades, exacerbated by a major shift from in-store to online shopping. It’s referred to as the “retail apocalypse,”  by trade merchants, but in reality shoppers are avoiding brick and mortar stores for the convenience of shopping online. Remember that online, cash […]

Continue Reading