Visa Surcharge Announcement: August 2023

Please read this important notice about Visa’s upcoming changes to maximum surcharge fees.

Visa has introduced a maximum surcharge limit in most states, set at 3% of the transaction amount. Additionally, in certain states, the maximum surcharge has been further reduced to 2%. These changes aim to promote fairness and transparency in payment processing, benefiting both businesses and consumers alike.

Understanding the importance of compliance with these regulations, our development team is actively working to implement the necessary changes to our Point-of-Sale payment systems to be rolled out by August 8th, which will ensure the max surcharging for any credit card fee at the Point of Sale will be 3%. These adjustments will ensure that your business can seamlessly adapt to the new surcharge limits while continuing to provide exceptional service to your members.

At Clubessential, we value our partnership with you and remain committed to delivering innovative solutions that help drive your business forward. Our goal is to provide you with a seamless and hassle-free experience, even during periods of regulatory change.

We understand that adapting to new regulations can be challenging, but we assure you that our team is dedicated to supporting you throughout this transition. We are confident that the changes we are making will not only help you remain compliant but also enable you to maintain a competitive edge in the market.

Should you have any immediate questions or require further clarification, please do not hesitate to reach out to our customer support team. We are here to assist you in any way we can.

Thank you for your continued trust in our services. We look forward to our ongoing partnership and providing you with the latest developments to ensure your Club’s success.

Team Clubessential