What Is Zero-Fee Payment Processing How This Helps Merchants Save Big on Processing

1
What Is Zero-Fee Payment Processing? How This
Helps Merchants Save Big on Processing?
2
(No Transcript)
3
Zero-Fee Payment Processing
The processing solution where credit card
processing fees are automatically passed over to
customers is either known as no cost processing
or zero-fee processing.
4
It can as well be defined as no-fee cards
processing where a businessman smartly offsets
their cost of processing by offering a cash and a
credit price to their customers.
5
Expect in a handful of states, zero credit card
processing is becoming one of the fasting growing
programs as businessmen are offered with the
opportunity to cover their processing overhead,
while still maintain low prices.
6
The process not only proves to be the best credit
card processing solution but as well quite pocket
friendly, as it removes up to 100 of credit card
processing fees.
7
Zero-fee payment processing can be categorized
under two types of approaches
8
1. Surcharge Model
This approach is basically designed for
organizations and trades that accepts card
payments either through a central office or a
website.
9
Since the model follows the actual bankcard law
approved by the federal court, to be amenable, a
business has to get registered with a main credit
brand completing all signatures and notifications.
10
Surcharge model is also known as Zero Cost Credit
and is acceptable in 42 states, including New
York.
11
2. Cash Discount Model
This approach is meant for retailers who accepts
face-to-face credit card transactions and is
known as Zero Fee Cash Discount program.
12
In this model, a business need not get itself
registered with any main credit card band and all
prices are paid off either in check, cash or ACH.
The process is acceptable in all the states.
13
The Ways in Which It Benefits Businesses
Zero credit card processing can benefit small
business to a great extent. To generate business
sale and enhancing profit is the major concern of
all businessmen.
14
And since no-fee cards processing allows
businesses to create multiple payment options, a
businessman can as well avail the opportunity of
increased foot traffic, leading to more sale and
profit.
15
Due to this new method of credit card processing
solution, customers can pay through their card
transactions, which allows businesses to save in
bigger amount by reducing monthly processing cost.
16
The method as well creates lots of conveniences
for both, the merchant as well the shopper, to
make and accept easy payments. However,
businesses with greater risks should not be a
part of this payment process.  
17
The original source is here https//zerofeecred
itcardprocessing.wordpress.com/2021/09/02/what-is-
zero-fee-payment-processing-how-this-helps-merchan
ts-save-big-on-processing/
18
Reverse My Fees
Phone [phone]
Website www.reversemyfees.com
Address 519 N Causeway Blvd, Mandeville,
Louisiana 70448