Is Surcharging Right For Your Business? By: Kasey Woo What Is Surcharging? Credit cards may be convenient for a customer to pay for online purchases, as well as services, such as haircutting, restaurant service, or doctor’s appointments, but it is not so easy from a business owner's perspective. When a business accepts credit cards as part of their business operations and transactions, they incur additional fees and costs to process these credit card transactions.  Interchange fees are percentage based charges that individual merchants must pay in credit-card or debit-card based transactions. In the United States alone, the average interchange fees for online merchants is approximately 2.13%, whilst gas stations face an average interchange fee of 1.92% and brick-and-mortar retailers face an average interchange fee of 1.56%. Add on top of this processor and gateway fees and the total cost can be closer to 4%. So, is there an option out there that would allow for businesses to minimi...