Peak Season, Pricey Mistakes: Why Hospitality Businesses Can’t Afford to Ignore Payment Compliance
💳 Surcharges on credit card transactions are a common compliance issue in the hospitality industry due to rising processing fees. Varying state laws and card brand rules complicate this, making legal review and technology essential. Cash discounts offer an alternative but may affect brand perception. POS systems should provide fee transparency and flexibility. Regular payment audits and benchmarking against industry norms can prevent profit loss. Hospitality professionals must view payment processing as a controllable expense to avoid missing revenue opportunities.
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