One of our most popular features at Confido Legal is our compliant surcharging, enabling firms to shift credit card processing fees to their clients. When we talk with firms, many are surprised to learn that it's against some state laws and the card brand rules for businesses, including law firms, to surcharge on debit cards. A smaller group is not just surprised but a bit concerned because they've been shifting card fees on debit cards unknowingly.
In this blog post, we break down the reasons why surcharging on debit card transactions is impermissible and the implications of these restrictions for law firms.
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Topics:
Surcharging,
Business of Law
For many law firms, credit card processing fees are a sizeable item on the income statement. Because there are a wide variety of different types of processing fees, it can be difficult to figure out exactly how much you’re paying. It's also why, at Confido, we try to simplify this process as much as possible, primarily by offering a fair and transparent pricing structure while providing all the important information in a one-page monthly statement without the jargon. In this article we'll cover the three different categories of processing fees as well as the most commonly-used credit card processing pricing models.
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Topics:
Firm Financials,
Credit Card Fees,
Surcharging,
Business of Law
Introduction
The short answer is probably, but there are certain rules and regulations to understand.
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Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is probably not. See below for all the details.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is yes, but there are certain rules and regulations to understand.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is yes, but there are certain rules and regulations to understand.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is maybe, but probably not. See below for details.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is yes, but there are certain rules and regulations to understand.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is yes, but there are certain rules and regulations to understand.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is probably not. See below for all the details.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is yes, but there are certain rules and regulations to understand.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is probably not. See below for all the details.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is not unless it is done by raising prices by the amount of the charge and then discounting those prices for clients that pay by means other than card. Below are more details.
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Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is yes, but there are certain rules and regulations to understand.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is yes, but there are certain rules and regulations to understand.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is not unless it is done by raising prices by the amount of the charge and then discounting those prices for clients that pay by means other than card. Below are more details.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is maybe, but probably not. See below for details.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is maybe, but probably not. See below for details.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is yes, but there are certain rules and regulations to understand.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is yes, but there are certain rules and regulations to understand.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is yes, but there are certain rules and regulations to understand.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is probably not. See below for all the details.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is yes, but there are certain rules and regulations to understand.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is yes, but there are certain rules and regulations to understand.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is yes, but there are certain rules and regulations to understand.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is yes, but there are certain rules and regulations to understand.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is yes, but there are certain rules and regulations to understand.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is probably, but there are certain rules and regulations to understand.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is yes, but there are certain rules and regulations to understand.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law
Introduction
The short answer is yes, but there are certain rules and regulations to understand.
Read More
Topics:
Firm Financials,
Accounting,
Surcharging,
Business of Law