Cash Discounting, Dual Pricing & Surcharging
- Recoup processing fees
- Reward customers paying with cash
- Simple and easy to implement
- Integrate with your POS system
- On-site or online
- Compliance-ready systems
What’s the difference?
Cash Discounting:
Reduces the sticker price of a product or service is the customer pays cash, check or with certain debit card processes. Credit purchases pay full sticker price. You can also leave the sticker price alone, and offer a discount for cash sales.
Surcharging
Adds a fee to the sticker price to cover the cost of processing payments by credit. Surcharging requires registration with processor associations.
Dual Pricing:
Provides customers with two prices: one for transactions paid in cash or by check, and a different price for transactions paid with a credit card or debit card with a processing fee. This method is transparent to the customer and allows them to make a fully informed choice on how they wish to pay.
All methods:
Require compliance with full disclosure. Counter, Window, and door signage along with a line integrate at Point of Sale that line items the discount or surcharge.
No matter your preference, we have the solution.
Why Switch to Dual Pricing?
With Dual Pricing, you pass along the cost of payment processing to your customers.
You can choose to increase the cost to your customers paying by credit and debit cards at the time of the sale, and still allow customers paying by cash or check to save.
Merchants are saving thousands of dollars per year in Processing fees.
Save on Credit and Debit Card Fees
Our Dual Pricing solution recoups thousands of dollars per year in processing fees.
Fully Compliant
We will assist you in maintaining compliance with your state and federal laws regarding dual pricing.
Accept Payments Your Way
Process payments in your store, on the road or online with our Dual Pricing System that is easy to use and implement with full disclosure for your customers.
Take control of your business finances with Dual Pricing today!
What is Surcharging?
Surcharging passes the cost of credit card processing (debit cards excluded) to the customer at the time of sale. In 2013 surcharging became legal in the U.S. Until recently, some states, including Florida, have prohibited surcharging. Although Florida Statutes currently prohibit surcharging, the US Supreme Court has determined that Florida law is unconstitutional based on the freedom of speech. In 2013, new rules enabled businesses in America to do what universities and government had long been permitted to do, pass on the fee when customers choose credit cards for convenience or rewards.
Businesses no longer have to bear the burden of processing fees.
Accepting credit cards is a necessity in today’s world. The cost of processing high ticket transactions on a credit card could be putting a serious dent in your profits. Is surcharging or cash discounting an option for your company?
In January of 2013, Visa and MasterCard updated their operating regulations to allow merchants to pass the costs of accepting credit cards on to their customers.
More options for your bottom line
Pass on the cost associated with credit card processing…with 100% compliance. Ask yourself, is it good for your business? Will your customers give you push back? Costco only allows one type of credit card from their customers to control their costs. Giving your customers an option to pay with a lower cost alternative is a win-win.
- No long term contracts
- No termination fees
- No cost / low cost equipment*
- Mobile acceptance
- Virtual terminals
- Online integration
- Seamless reporting
*Minimums may apply
“Using a surcharging program is the best thing that has happened to my business. The high cost of transaction fees was killing me and eating into my bottom-line. I needed something better. The surcharging solution is easy to use and saves me thousands of dollars every year. I receive my funds and I am very happy overall.”
Gary M – Auto service
Don’t pay for someone’s SkyMiles!
Whether a customer is trying to get more perks from their payment or just received an upgraded card from their bank, accepting credit cards isn’t cheap. Don’t get stuck with the bill for someone’s SkyMiles and give an incentive for them to use a lower cost form of payment.
Credit Card Processing That Excels Your Business
Terminal Processing
Our state-of-the-art terminals will securely accept any form of payment.
POS Processing
Our systems let you take payments behind the counter or out on the floor.
