How to Safely Pass Credit Card Fees Onto Your Clients
Want to know the secret to boosting your law firm’s revenues and making invoicing and collections so much easier? Accept credit cards! And if you’re worried about doing so because of having to pay the credit card fees, we’ve got good news: There are many ways to earn those fees back.
However, you’ve got to be careful as you can run afoul of not only Visa and MasterCard rules, but the law. This guide aims to clarify how law firms can recoup their fees without getting into trouble. Specifically, we’ll explore the following:
- Administration Fees
- Convenience Fees
- Cash Discounts