Partner Stephen Aschettino was quoted in a Payments Source article, “Merchants are Finally Warming Up to Surcharging,” on November 4, 2016. The article discussed merchants’ freedom to charge customers a premium for paying with credit card, a practice that has not caught on, but could be changing as more merchants are inquiring about surcharging. Aschettino explained, “it can take years for court decisions and class-action settlements to permeate through the media and eventually gain the attention of corporate executives.” He said while merchants may lower costs by switching processors or negotiating better fees, imposing surcharges is the low-hanging fruit.
Related News
July 11, 2025
In the News
Foley Attorneys Assess Critical IP Considerations for Emerging Medical Device Companies
Foley & Lardner LLP attorneys Shabbi Khan, Nate Beaver, Austin Kim, and Jeff Simon authored the Med Device Online article, "Critical Considerations For IP & Patents For Emerging Medical Device Companies."
July 11, 2025
In the News
David Morris Featured for Arrival to Foley's Salt Lake City Office
Foley & Lardner LLP partner David Morris is highlighted across legal press for his recent arrival to the firm.
July 10, 2025
In the News
Ann Marie Uetz Comments on Automotive Supply Chain Approach to Evolving Tariff Environment
Foley & Lardner LLP partner Ann Marie Uetz shared perspective from the automotive supply chain amid the evolving trade environment in the Crain's Detroit article, "Ford, Stellantis tighten terms on suppliers as tariff costs add up."