What's a Convenience Fee?

What Is a Convenience Fee? A convenience fee is a fee charged by a seller when a consumer pays with an electronic payment card rather than by a standard form of payment accepted by the business. Standard payments include cash, check, or an Automated Clearing House

How can convenience fees be avoided?

How to Avoid Paying a Credit Card Convenience Fee or Surcharge. For the most part, getting around a convenience fee is easy. Since only certain types of merchants charge them, you can simply use a different payment method and continue using your credit card for other everyday purchases.

How do you charge a convenience fee?

Convenience fees can be a fixed dollar amount or a percentage of the transaction amount (usually 2 to 3 percent) and must be disclosed to the customer in advance. Ways to charge credit card fees to your customers: Add a line item for credit card surcharge to the invoice and add a standard amount to each invoice.