QUESTION: We are considering setting up credit card surcharging to mitigate our processing costs. Can you tell us the limits on interest and other requirements ?
ANSWER: It is legal to add surcharging in Illinois.
If you are looking to add 1% or up to 3% (3% is the cap on surcharging in the US) please contact Mark Alexander at Payroc or your processing provider with any questions. It is very crucial to stay within Card Brand Compliance when surcharging. Surcharging on debit cards is not allowed. For a low-rate processing quote and help with surcharging contact Mark Alexander at Payroc 847-750-7519(Direct line).