A recent settlement in an antitrust lawsuit between retail merchants and Visa and Mastercard has paved the way for stores that accept the financial giants’ credit cards to charge consumers a service fee. Previously, Visa and Mastercard had prohibited merchants from passing on the service fees charged by both companies on to consumers using their cards.
Whenever you use a credit card to pay for a purchase, the merchant must pay the credit card company a service fee, which usually ranges from 1.5 to 3 percent of the total amount of the purchase. This new agreement now allows merchants to recoup that cost by adding a service fee to any purchase made with either a Visa or Mastercard.
At Smiles Dental, we understand the financial hardship charging an additional service fee could place on our patients. That’s why we have decided against charging our patients any additional fees for using a credit card as their preferred form of payment.
Our commitment remains to provide patients with affordable dental care that helps to maintain and improve their oral health. As a Smiles Dental patient, you can always trust that your best interests will always remain our number one priority, and that you’ll never need to pay more for dental services you receive than necessary.