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The States Credit Card Anti-Surcharge Legislation, Both Enacted and Proposed
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Non-Member Price$25.00
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In recent years, a trend that has become highly visible for suppliers in the B2B space is the increase in the numbers of customers using credit cards to pay B2B invoices (both existing and new customers).  The reasons for this increase are manifold but include the perks uniquely associated with the use of a credit card:  cards offer the only payment channel where the principal of the company receives personal benefits with card use (points and miles); and the corporate customer gets the card issuer float of additional time to pay the supplier's invoices through reimbursement of the cardholder's card statement.

 

Unfortunately for suppliers however, credit cards are the most expensive payment channel, due in large part to the interchange fees imposed by card companies that erode the profitability of the sale.

 

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