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A surcharge, also known as checkout fee, is an extra fee charged by a merchant when receiving a payment by cheque, credit card, charge card or debit card (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. [1]
Jan. 31—A measure that would have Hawaii voters decide on whether residential investment property valued at $3 million or more should be subject to a surcharge in order to increase funding for ...
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
Alamy Most credit card users know that it's important to check monthly statements for suspicious charges. Obviously, large sums that you never charged should be reported and generally can be removed.
Tom Robinson, chairman of NACS and president of Robinson Oil, said, "This proposed settlement allows the card companies to continue to dictate the prices banks charge and the rules that constrain the market including for emerging payment methods, particularly mobile payments. Consumers and merchants ultimately will pay more as a result of this ...
Whether your bank refunds money lost in a scam depends on several factors: the type of scam, how you sent the funds, the bank’s policies and if you authorized the transaction. Learn more in our ...
If you want to avoid paying this fee, you can learn how to change your payment method or go directly to My Account and choose a different payment option. Note: Debit and check cards count as credit cards! To avoid the surcharge, change your payment method to the Visa, MasterCard or Discover associated with your checking account.
In a three-and-a-half-year period from 1995 to 1998 there was an estimated $4.13 billion surcharge attributed to bid rigging in Korea's construction industry, representing 15.5% of the total spent. It was also found that firms already present in an area enjoyed a significant degree of incumbency, meaning that they were more likely to continue ...