• The rising costs of accepting credit cards has many merchants looking at surcharging and cash discounting as a way to offset costs and pass processing fees to their customers
• There are significant differences between surcharging and cash discounting
• The rules and requirements are different for each method
• Caution should be exercised because some processors are masquerading a surcharge program as a cash discount program
• There are pros/cons and considerations that need to be evaluated before implementing a surcharge program or cash discount program
• Surcharging and cash discounts are not the only ways to mitigate processing costs