A surcharge by any other name is still a surcharge. But that hasn’t stopped misleading programs with creative names for surcharge fees from popping up. It also doesn’t change the fact that there are strict rules for surcharging that you must comply with.
Confusion around surcharges, cash discounts and convenience fees cause merchants to use the terms interchangeably, but they are not the same thing. Understanding the differences and when you can and cannot levy these fees on goods and services will keep your business out of trouble.