As a business owner you know first-hand how painful credit card processing fees are and how much of your profits go towards these fees, yet fear making the change.
But what do you really fear?
Change can be uncomfortable for your business and your customers yet is probably comparable to the discomfort of spending thousands of dollars a month on credit card fees. Fees that businesses no longer have to pay. Would you be fearful of change if you knew it could immediately grow your bottom line? What if it guaranteed MORE business, not less. With the sheer speed of changing technology, it is critical to lean into the unknown at times in order to create powerful and positive outcomes.
Surcharging.
The biggest concern we hear is the fear of losing customers due to surcharging. PayCard Tech’s 100% retention rate has shown that our customers also retain their customers. We have found that customers actually respond well to the surcharging model when it is properly disclosed and clearly communicated.
Here is what one client stated:
“We’ve processed $25 million of credit card payments at zero cost and haven’t experienced attrition or lost customers. The customers that preferred not to pay the credit card fee didn’t walk away, but instead switched to other forms of payment, such as a check or debit card, which cost us much less.” Karen, COO of National Distribution Firm.
Knowledge is Power.
And now that you know how your business can become more profitable with this simple, intuitive and compliant technology, the only question left is: When will you get started?