Do You Qualify for Free Equipment?
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Is a Dual Pricing, Cash Discount, or Surcharging program right for your business?
In a business climate where prices are rising everywhere, businesses do have options in their pricing strategy. Turn your card processing expense (typically 3-4%, or higher) into a cost savings opportunity by transitioning to a 0% Dual Pricing, 0% Cash Discount, or Surcharging program where card fees may be paid by the cardholder, and you take home the cash price.
Various industries are moving rapidly to #VAPORIZEFEES. Great for Automotive Repair, Boutiques, Car Dealerships, Contractors, Clothing Stores, Convenience Stores, Dry Cleaners, Food Trucks, Hair Salons, Liquor Stores, Nail Salons, Quick Service Restaurants, Secondhand Stores, Solopreneurs, Specialty Retail, Sporting Goods, Start-ups, Professional Services, Tattoo Shops, Tire Dealers
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MODERN DUAL
PRICING SOLUTION
Most commonly recommended pricing solution
Best customer experience when clearly displaying two prices offering customers choice to pay with a card or with cash
Never implies to consumers that a fee is being applied or passed to the customer; presented as an option through POS
Merchant always retains cash price resulting in 0% for card processing (some monthly and incidental fees still apply)
Ask about eligibility for free terminal program
COMPLIANT
SURCHARGING
Typically save 65% of Overall Fees
Limited to Credit Cards; Debit Cards (PIN or not) and Prepaid Cards May Not Be Assessed a Fee
Fee must not exceed the merchants cost of acceptance with recommended cap of 3%
Registration, Notification, Signage and Disclosure Requirements
Ask about eligibility for free terminal program
Note: Some States Limit or Prohibit Surcharging
RAISE PRICES AND
OFFER A CASH DISCOUNT
Most commonly implemented pricing solution
Traditional pricing with standard fee signage (easily rolled out)
Single price displayed for goods and services with a discount from listed price when customer pays with cash
Merchant always retains cash price resulting in 0% for card processing (some monthly and incidental fees still apply)
POS/terminal will never add a fee, and will administrate removal of fee on cash transactions
Ask about eligibility for free terminal program
RAISE PRICES AND
ABSORB FEES
Traditional pricing with standard fee signage
Merchant builds card processing fees into pricing
*Must abide by Association Rules
Contact us today to schedule an appointment or ask a question!
