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There are four programs to recover credit card fees Surcharge Program Cash Discount Program Duel Pricing Program Convenience Fee Program Each program has its nuances and limitations, so work with your credit card processing provider to determine which program is best for your business.

Just be careful, you can’t run a debit card as a credit transaction and then tac on a surcharge.

Do you swipe the Debit cards as a credit transaction and then tac on a surcharge or just don’t surcharge debit cards at all?

Are you surcharging debit and credit cards?

Has anyone started passing credit card fees onto your customers? If so, what’s your experience with customer complaints or losing business?

Sorry late to the game . IMHO, the $83K is a bogus number put out by Worldpay to prevent you from moving your business. There are ways of mitigating its impact using their contract against them.

What are similar restaurants around you doing?

Seems like a good combo. What was Toast going to give you above what you already have?

LMP- What POS system/ Payment processor combination are you using now?

Hi Little MP, I have heard good things about Toast but you have to be careful with payments processing. Once they have you fully integrated on the Restaurant Management, you payments rates will go up. Payments integration can be a good thing but it has its drawbacks. Ask Toast for at least a...

Yup that’s a best practice. Also track your effective rate. ( total cost/total sales) over time and ensure you are not being billed “off statement” for charges. Unfortunately, I think Visa is going to hit the industry harder than usual. Depending on your provider markup, there might not be much...

Get ready for another round of price increases from Visa this April and October, especially for those businesses that have Card Not Present volume. https://www.bloomberg.com/news/articles/2020-02-04/visa-is-planning-the-biggest-changes-to-swipe-fees-in-a-decade BTW - Did you know that Visa...