How was the 2.75% convenience fee charged on a credit card transaction determined?
The College of St. Scholastica has contracted with a third party service provider that is compliant with the PCIDSS to process credit cards on our behalf. The 2.75% rate charged by the service provider is determined as the cost of providing the service. The fees collected are retained by the service provider.
Related Questions
- Will there be a processing or vendor convenience fee added to the total amount charged on my credit card. What is the amount of that added fee?
- Why is a 2.75 percent convenience fee being charged for all online credit card payments for Housing bills?
- How was the 2.75% convenience fee charged on a credit card transaction determined?
