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Is there a time limit in which you have to charge a customer's credit card?
Wiki User
∙ 17y ago
You have one year from the date of purchase to charge a card. To confirm this, call the 1-800 number for merchant services for whatever card you want to charge (i.e. Visa/MC) and ask a customer service representative. For example, if the card is a Visa, call (800) 555-1212 and ask directory assistance for Visa Merchant Services. Some business people would choose to err on the side of not billing the customer, no matter what the time is. As long as you have a reasonable basis to collect funds, it should be billed, but consider the amount, if it's small; let it go because even if you wait eight months you can get a chargeback which theoretically could cost you more than the charge.
Wiki User
∙ 17y ago
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Can you overdraw on a credit card?
Yes, but the card issuing bank would charge you over limit fee and other additional fees if you exceed your credit limit
Can you charge the credit card fees to your customers?
Sure, as long as the fees apply to all customers, not just those using credit cards. In other words, you may raise your marked prices to cover your credit card costs, but you cannot change the price according to how the customer offers to pay.
What is a Merchant Credit Card Processor?
A "Merchant Credit Card Processor" is a electronically device that takes the information from your customers credit card for payment. This will automatically put the payment in your account after charging the customers credit/visa/master card.
How is a charge card different from a credit card?
A charge card you have to pay the full balance at the end of the month. You can buy as much as you want, but you must pay at the end of the month. A credit card will give you a limit of $xxxx and you can pay that off over years and build the interest until you can never pay it off. So essentially you can buy a yaht with a charge card but not a credit card. The downside to the charge card is the fact that if you cant pay up in full every month, they will gut you worse than a credit card would. Also, charge cards carry an annual fee for their generous rewards points and the risk they incur by backing you.
Can I charge my customers a fee for using a credit card to pay on their account?
Yes, you can do that by adding the fee in your selling price. Therefore your cost is covered every time you make a sale whether paid by cash or credit card.
What is the maximum amount you can charge on a credit card?
Credit Limit
When would your credit card company charge you an over limit fee?
When you charge more than your current credit limit
The maximum amount you can charge on a credit card is called?
Credit Limit
You are an Merchant having credit card details from Customers. How do you charge them?
I am an Indian Merchant,having credit card details from Customers.How do I charge them?
What is the credit limit for a government travel charge card?
$7500
What is the maximum amount you can charge on a credit card called?
Assuming you mean as a customer - that's called your credit limit.
What is a type of fee that a credit card company might charge?
credit limit fee
Can you overdraw on a credit card?
Yes, but the card issuing bank would charge you over limit fee and other additional fees if you exceed your credit limit
How much should I charge on a 500.00 credit card limit so that its not bad on my credit report?
Your payment history is the most important feature for your credit report. If you have a $500 credit card, this is one that may be a "gotcha" card that will charge you for exceeding the credit limit, may add charges exceeding that limit and so on, leading you into a vicious cycle. Only charge what you can pay off entirely at the end of the month.
How much more can Randy charge to his credit card before he reaches the limit His credit limit is 5000 and he has used 1298.45?
3701.55
Is it legal to charge customers for credit card expenses under five dollars?
Yes, the credit card business is a very serious business.
Can a credit card company charge over limit late fee's and interest rates on a cancelled card?
no
