CMSPI | IAC SOIR Ebook Section 5

Merchant Surcharging Rights Are Largely Prohibited

Of the 20 countries reviewed, merchants have surcharging rights in Australia, the U.S., and Canada.

Surcharging is allowed on PayPal and Sofort transactions. GERMANY

PSD2 default ban applies. FRANCE

Surcharging ban applies to all card-based payments and SEPA transfers with certain exceptions. UNITED KINGDOM

Surcharging can be allowed by banks, however cash discounts is allowed for all merchants. MEXICO Federal law allows states to determine their own surcharging laws. [See section on U.S. State Surcharging Rules] U.S. Canadian merchants have the right to surcharge on credit cards with exceptions to Quebec. CANADA Surcharging is banned under the Second Payment Services Directive (PSD2) with certain exceptions. EUROPEAN UNION

PSD2 default ban applies. NETHERLANDS Prohibited under the Legislative Decree of 2010. ITALY

Surcharging is prohibited on all transactions as per Real Decreto-ley 19/2018, article 35(3). SPAIN

Illegal under the Specialized Credit Finance Business Act. SOUTH KOREA

Network rules apply. JAPAN

Network rules apply. BRAZIL

From our primary resources, it is not common practice for merchants to surcharge in China. CHINA No government regulation against surcharging but networks have demonstrated leniency. SINGAPORE Merchants are allowed to surcharge up to the cost of acceptance. AUSTRALIA

Surcharges are automatically applied by Transbank to Visa and Mastercard debit cards. CHILE

Network rules apply. SAUDI ARABIA

Guaranteed by Law Some Methods Can be Surcharged, Others Cannot Network Rules Apply/Surcharging Prohibited

INDIA

Network rules apply. INDONESIA

Network rules apply.

Source: CMSPI Estimates and Analysis. This should not be treated as exhaustive of all surcharging restrictions and exceptions.

Page 7

Powered by