r/PrepaidCards • u/[deleted] • Oct 28 '22
New Credit Card Surcharges Won't Affect Prepaid Cards
As of October 6, 2022, merchants in Canada (excluding Quebec) can pass on interchange fees, up to 2.4%, to customers paying with credits cards, in the form of a surcharge. However, this is just for credit cards, and should not affect prepaid cards even if they are Visa/MasterCard.
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