{"id":5061,"date":"2022-10-12T09:14:45","date_gmt":"2022-10-12T13:14:45","guid":{"rendered":"https:\/\/thebao.ca\/?p=5061"},"modified":"2022-10-12T09:28:27","modified_gmt":"2022-10-12T13:28:27","slug":"notice-to-the-profession-bereavement-sector-may-charge-a-credit-card-fee-but-must-disclose-it","status":"publish","type":"post","link":"https:\/\/thebao.ca\/stage\/notice-to-the-profession-bereavement-sector-may-charge-a-credit-card-fee-but-must-disclose-it\/","title":{"rendered":"Notice to the Profession: Bereavement sector may charge a credit card fee but must disclose it"},"content":{"rendered":"\n

All businesses \u2013 including the bereavement sector \u2013 can start charging a transaction fee from customers when they pay using their credit cards.

This change occurred last week following a decision in a class-action lawsuit.

The legal decision applies to retailers and other businesses, which will be allowed to charge a fee every time customers tap or swipe their credit card.

But first<\/strong>

But first, all businesses must provide credit card companies with 30 days’ notice that they plan to start charging a credit card transaction fee. Businesses must also make it clear to customers at the point of payment that there’s a surcharge, which cannot be more than the business pays itself. Further, the surcharge can\u2019t exceed 2.4 per cent of the total bill.

Bereavement sector<\/strong>

For bereavement sector licensed business operators, who intend to implement the credit card transaction surcharge, this will mean stating the fee in your:<\/p>\n\n\n\n