WHAT IS A SERVICE FEE PROGRAM?

The surge in increased usage of Service Fee Programs for all credit & debit cards in 2020 can be attributed to BOTH business owners’ desire to cut cost AND consumers’ choice of payment type to utilize. We now live in a world of Choice-Driven Transactions.​

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• How do consumers and business owners view this emerging structure?

• Why are the Payment Card Networks resistant to it?

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The Problem​

Unless businesses pass on the credit card fee, they have to either raise prices across the board—harming customers who pay with cash, or accept a lower profit margin on all card sales.

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The Solution

Consumer Choice AND Business Owner Choice is a win-win for all parties (and even a win for payment networks). Consumers themselves are armed with the ability to make a decision about how they choose to pay for an item or service: cash, check, card, (and for the latter 2 options, which one of their cards they choose from and which “rewards” they desire). 

On the flip side, owners choose to provide consumers with as many payment methods they deem reasonable to accept. In doing so, they choose whether to “bake it into the pricing”, line item the cost on a sales order for all cards. 

The various federal laws and amendments enacted over the years and various state court decisions on this issue have one thing in common: CHOICE. 

We know every dollar matters. So that's why we’re offering a 0% payment processing transaction program. Join small businesses across the US who are saving money and keeping every dollar that they make.