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A payment surcharge, also known as checkout fee, is an extra fee charged by a merchant when receiving a payment by cheque, credit card, charge card, debit card or an e-money account, [1] but not cash, which at least covers the cost to the merchant of accepting that means of payment, such as the merchant service fee imposed by a credit card company. [2]
In the United States, the term "excise" has at least two meanings: (A) any tax other than a property tax or capitation (i.e., an excise is an indirect tax in the constitutional law sense), or (B) a tax that is simply called an excise in the language of the statute imposing that tax (an excise in the statutory law sense, sometimes called a ...
A surcharge may refer to: An extra fee added onto another fee or charge Bunker adjustment factor, sea freight charges which represents additions due to oil prices; Surcharge (payment systems), charged by merchants when receiving payment by cheque, credit, charge or debit card; An overprint that affects the value of a postage stamp
However, “carrier-imposed charges” are generally fuel surcharges, which came into vogue after an oil price spike in 2004. Since then, however, carriers seem reluctant to eliminate or even ...
To avoid these surcharges, you can reduce your modified adjusted gross income. If you’re a Medicare beneficiary with an income that’s higher than average, the Social Security Administration ...
Congestion pricing was developed as a first-best solution, based on the assumption that the optimal price of road space equals the marginal cost price if all other goods in the economy are also marginal cost priced. In the real world this is not true, thus, actual implementation of congestion pricing is just a proxy or second-best solution.
While a surcharge is part of what must be paid, an upcharge is not always unexpected, [6] and usually can be declined by rejecting the additional service or the suggested upgrade, albeit receiving less. [1] The practice of amusement parks to charge both for admission and then for individual rides may be described as "Upcharge attraction". [7]
The surcharge was applied, after referral to a court by the Audit Commission. In the case of an illegal corporate decision by an elected body, all the councillors could be surcharged. Councillors from Lambeth London Borough Council and Liverpool City Council who were involved in the rate-capping rebellion in 1985 were surcharged.