Reduce processing costs with surcharging
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While there has been a lot of debate about surcharges, if properly implemented, are a method for businesses to save money on their processing fees.
Low-cost card processing is crucial for some businesses, so is advocating on behalf of merchants so they can freely operate within their respective markets. The state of surcharges is frequently changing and we work to stay ahead of the curve, providing merchants with industry-advancing products and services revolving around compliance.
When done properly, surcharging can save businesses upwards of 95%, or even more, which can equate to thousands, or even tens of thousands of dollars, in savings.Learn more
Surcharging is a fee imposed upon the cardholder during a credit card transaction that covers the cost to accept the payment method. With state-level rules as well as card brand requirements, the restrictions can add complexity which is why it is important to ensure merchants use a reputable processor.
Cash discount offers a discount to a merchant’s customers who pay with cash, debit card, or check payments. The merchant advertises the credit card price, and the point of sale provides a discount when the transaction is being processed. This solution is compliant in all 50 states.