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| Be aware of the guidelines. |
Effective April 15, 2023, Visa reduced the permissible merchant surcharge to the lower of: (a) the actual rate charged to the merchant by Visa, or (b) 3%.
If you receive a bill from a vendor asking for more than a 3% merchant surcharge, please email the vendor name, contact information, and invoice (if available) to card@virginia.edu.
This information is also available on the Bank of America Resource page.
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