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Frequently Asked Questions

Can you collect convenience fees for payment by credit card?

Merchants are allowed to charge customers a convenience fee for using a credit card if the customer is using an alternative payment channel. For example, if a company usually accepts payments in person, a convenience fee might be added if their customer uses a telephone or order online.

Can a credit card payment be reversed?

A credit card payment can be reversed ONLY if the payment was not taken today. A Debit Card payment taken today can be reversed tomorrow.A credit card payment taken today must be Voided. See: Void A Credit Card Payment. Instructions for Reversing a Credit Card Payment. Go to Browse Data -> Payments. Select the payment you wish to reverse.

What are the credit card transaction fees?

A foreign transaction fee is a fee credit card issuers charge when you use your credit card internationally, or when you make a purchase that uses a foreign bank.

What is a credit card late payment fee?

A late fee is a fee charged when your payment is received after the due date or, with some loans, after the payment grace period. When you have a balance on your credit card, your payment is due at a minimum of 21 days after the end of your billing cycle.

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