Small business news-to-watch.
Excerpt: According The Wall Street Jounal, a number of merchant-filed lawsuits against the credit card companies Visa and Mastercard may result in a settlment that will allow businesses to impose a surcharge on customers paying with cards.
Currently, both Visa and MasterCard have prohibited merchants from applying a customer surcharge. But this surcharge, the merchants argue, is important because it could cover the transaction fee they must pay to the card companies for every swipe.
Read full article via Merchants May Get Credit Card Surcharge Rights | Inc.com.
