Bodegas Put on Notice as Visa Fights Back on Card Surcharges

July 29, 2023, 3:00 PM UTC

The world’s largest payment network is making changes to how it deals with merchants who want to charge customers extra when paying with a credit card.

In recent months, Visa Inc. lowered the maximum amount retailers can charge consumers using the firm’s cards. The company has also started sending in-person auditors to ensure stores are complying with its rules when levying such surcharges.

Visa’s moves come as a growing number of small businesses say they’re feeling pinched by the fees they pay to banks to accept electronic payments. They’ve increasingly turned to card surcharges as a way to cover those ...

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