Cryptocurrency Q&A
Can I be charged a fee for paying by debit card?
Can I be charged a fee for paying by debit card?
BusanBeautyBloom
Mon Oct 14 2024
|
7 answers
1675
I'm wondering if there's a possibility of being charged an additional fee when making a payment using my debit card. Could someone clarify this for me?
7 answers
CryptoMagician
Wed Oct 16 2024
At its core, the short answer is that it is not legal to surcharge debit card transactions, as stipulated by major card issuers like Visa and Mastercard.
Was this helpful?
388
87
CryptoMagician
Wed Oct 16 2024
These card giants have clear policies prohibiting merchants from imposing additional fees on customers who choose to pay with debit cards.
Was this helpful?
338
49
CryptoVeteran
Wed Oct 16 2024
However, the legality of surcharges goes beyond the policies of card issuers and is also influenced by state laws.
Was this helpful?
150
97
BusanBeautyBloomingStar
Wed Oct 16 2024
Different states have varying regulations regarding whether or not merchants can impose surcharges on debit card transactions.
Was this helpful?
80
50
TaegeukWarrior
Wed Oct 16 2024
The legality of surcharging debit card transactions is a complex issue that requires careful examination.
Was this helpful?
303
61
Load 5 more related questions
