Compliant Turnkey Path
We provide you (and your merchants) with a fully loaded, turn-key, compliant surcharging product.
Our licensed proprietary technology automatically complies with all surcharging rules and requirements, resulting in a turnkey path to surcharging for your merchants.
Recoup Processing Costs
Merchants keep 100% of the sale price.
Surcharging helps merchants recoup the cost of accepting credit cards by adding a fixed percentage fee to all card-not-present credit card transactions. As a result, merchants keep 100% of the sale price.
Fixed Fee
Merchants keep 100% of the sale price.
With surcharging by PayCard Tech, you can add a fixed 3.5% fee to all card-not-present credit card transactions to cover your credit card processing fees.
This fee must be disclosed upfront and is presented as an incremental amount on receipts.
Surcharging is a separate solution from convenience/service fee or cash discount program.
A convenience fee is a flat fee added by a merchant when the consumer pays with an electronic payment card, rather than a standard form of payment accepted by the merchant. Typically presented with an opt-out to an alternate payment method at online checkout.
Prices displayed must include the cost of credit card acceptance, cash discounts may then be offered for cash purchases.
Surcharging allows for the money to be collected the same day or the next day to increase cash flow. We operate with the most secure technology available end to end proactively monitoring all your payment activity. Our team of technology and customer service experts has the protocol and experience to resolve any issue quickly and efficiently, 24/7/365.
How It Works
Before a transaction is processed, Zero-Cost Credit determines whether the card being used is a credit or debit card (businesses are not permitted to add a fee to debit cards), and when permitted, automatically applies a fee whenever a credit card is used, so you receive 100% of the sale.
Available for ALL card brands (shown and not shown here)
Keep Your
Customers Happy
To account for the cost of processing payments, many merchants must raise their prices across the board. With a compliant surcharge program, you can keep your prices low for customers who pay with cash, check, ACH, or debit cards. The surcharge will only be applied to credit cards, so customers can choose the best payment option for their needs.
Boost Your Net Margin
Depending on your industry, current EBIT margins are likely between 5% and 20%. When you eliminate your credit card processing fees with PayCard Tech, you can immediately return ~3.5% to the bottom line.
This equates to an increase in EBIT margin of between 17.5% to 35% for all credit card transactions.
New to Surcharging?
We’ve built a detailed guide for businesses who want to learn more about surcharging. It explains the financial benefits, compliance requirements, and technical considerations of a 0% credit card processing program.
Eliminate
Compliance Risks
Surcharging is subject to compliance requirements from the card brands as well as state laws. Many card processors advertise non-compliant “cash discounting” programs or other half-baked solutions. We provide the industry’s most legally vetted surcharge platform to ensure you are protected from fines and account closure and keep your reputation impeccable.