This training on credit card surcharging will discuss the guidelines on how a company can legally surcharge a customer for paying with a credit card. When considering implementing a credit card surcharging policy, it is important to understand the rules that need to be followed, the risks that exist and the pros and cons of doing so. It will also cover other techniques to help a company minimize its credit card processing fees.
Learning Objectives
- You will be able to explain alternative ways companies can eliminate/minimize their credit card processing fees.
- You will be able to discuss risks associated with credit card surcharging.
- You will be able to identify credit card surcharging.
- You will be able to review the history of the credit card processing industry.
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Why Lorman?
Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Agenda
History of the Credit Card Industry
What is a Credit Card Surcharge and When is it Applied?
Is Merchant Surcharging Legal in the US (Do the Credit Card Companies Allow Surcharging)?
My State Doesn’t Allow a Surcharge on Credit Cards Payments; Are There Alternatives to Help Reduce/Eliminate Credit Card Processing fees?
Guidelines to be Able to Surcharge
Pros and Cons of Surcharging
Other Techniques to Reduce Credit Card Processing Fees
Free Webinar Sponsored By
Credit
More Program Information
Why Lorman?
Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Credits
OnDemand Webinar
This course was last revised on November 30, 2017.
Call 1-866-352-9540 for further credit information.
This program format does NOT qualify, nor meet the National Standard for NASBA accreditation.
Live Webinar Registration
CPE 1.2 including Specialized Knowledge 1.2
- Lorman Education Services is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: https://www.nasbaregistry.org/cpas/complaints. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.2 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Specialized Knowledge for 1.2 hours. Prerequisite: . Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board.
Please note: In order to receive CPE credit for this course you MUST use the streaming audio option, as well as enable and complete the required progress checks.
- Lorman Business Center, Inc. is a registered provider for CPA CPE through the State Education Department of New York, Sponsor number: 000640. The following course will carry the subject area of Specialized Knowledge and Applications for 1.0 hour.
- Lorman Business Center, Inc. has registered with the Texas State Board of Public Accountancy as a CPE Sponsor. This registration does not constitute an endorsement by the Board as to the quality of our CPE Program. This program qualifies for 1.2 hours of continuing professional education.
Who should attend?
This live webinar is designed for CFOs, controllers, treasurers, presidents, procurement specialists, accounting managers, finance managers, business owners, accounts receivable managers, risk officers, credit card program administrators, operational risk managers and internal auditors.
Free Webinar Sponsored By
Credit
More Program Information
Why Lorman?
Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
Faculty
Jeremy Layton
Verisave
Jeremy Layton started Verisave back in 2001 with the service of identifying and collecting overpayments made by their customers to their suppliers. In 2010 Jeremy noticed that most of his customers were paying a lot of money to process credit card payments. After digging a little deeper, he found that most of his customers were actually paying much more than they needed to and Jeremy was determined to help them reduce these fees. Over the past 7 years Jeremy has become an expert in all things relating to the credit card processing industry. In fact, last year alone Verisave saved its customers over $5.3 million on credit card processing fees.
Free Webinar Sponsored By
Credit
More Program Information
Why Lorman?
Over 31 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.
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