The Dental Community has embraced surcharging and is quickly becoming the industry norm.
Veterinary clinics often have high overhead costs. When implementing surcharging, businesses offset these costs and keep prices more affordable for their customers.
Businesses that provide professional services such as law and accounting firms, are usually handling large payments, which translates to large processing fees. With surcharging, companies no longer have to worry about this large expense.
Surcharging can help B2B's improve profit margins. Additionally, B2B companies improve their cash flow by reducing the amount of time it takes to receive payments.
Surcharging can reduce or even eliminate fees, allowing them to keep more of their profits. Businesses can offer their customers more payment options without sacrificing revenue.
Membership clubs often charge recurring monthly or yearly fees, and those fees are often paid using credit cards. Surcharging helps offset these costs.
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Disclaimer: Please note that this guidance is general in nature and does not constitute legal, or any other type of professional advice. If you are unsure about your legal obligations or where to find the relevant information, we suggest that you consult with a professional.
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