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Credit card processing fees are going up every year, twice a year. Most dealers feel like credit card processing is just a cost of doing business. However, due to recent legal changes, dealers can now pass along those fees to their customers and give them choices in how to pay. Credit card companies and states are very specific on how to roll this out.
NADA is hosting a webinar by Dealer Merchant Services to discuss the legal, compliance and best practices to ensure the process is rolled out correctly. Dealers may register to attend here.
Chicago Automobile Trade Association18W200 Butterfield Rd. Oakbrook Terrace, IL 60181 (630) 495-2282
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