Zero Fee Processing

When you hear that a credit card processing company does not charge fees for processing credit card you might think it sounds too good to be true. However, a cash discount program DOES NOT charge merchants for processing credit card & debit cards. When you use our services for retail payment processing, you will save money on all of the processing fees.

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How Credit Card Processing Works

Getting paid is the whole point of being in business. Whether you own a store or a retail company, you will need to take credit cards if you want to stay in business. The more forms of payment you take, the more business you will have. If you want to take credit cards, you are going to have to use a credit card processing company. 

There are a few different people and entities involved in a credit card transaction. The customer holds the card that they use to pay the merchant for goods and services. The customer’s card is issued by a bank. There is a credit card associate whose name appears on the card.

When a customer buys a product, they will swipe their card through a credit card processing machine or the merchant will swipe it for them. The merchant sends a request for funds to the payment processor and the payment processor sends the request to the credit card issuer.

The credit card issuer will submit the request to the card associate, who will submit it to the bank. At this point, the bank will approve or decline the transaction. If the transaction is approved, the sale will go through and a approved message will be sent to the merchant. 

At the end of the day, the merchant will batch all of the day’s transactions. If you use a top-quality processor like Cash Discount Program, they will batch the transaction for you. The term batching refers to closing out all the credit & debit card transactions that were accepted that day. The total dollars batched will then be deposited into the merchant’s account. 

In most cases, the merchant will have their money in 24 hours. However, it can take up to five business days depending on the bank. 

How Credit Card Processing Fees Work

When a merchant uses a traditional processing company, they will be subject to certain fees. These fees are paid to the processing company, the card associate, and the merchant’s bank. These fees are charged to the merchant for every transaction. 

The credit card issuing bank charges the merchant a fee for fronting the funds for the transaction to the merchant.  The fee is based on the amount of the sale. The percentage will depend on the bank and the laws of the state where the transaction is made. 

What the Payment Processor Does 

The payment processor provides the equipment which is needed to transact the sale. Our company does not charge merchants for this equipment, it’s free. Processors also ensure that payments are secure by using crypto software equipment  that will protect the customer’s information. Payment processors also set the rates & processing fees  that merchants are charged for each transaction. does not charge merchants these processing fees. Our program will pass the rate and fees to the customer at the time of sale.

 If you have a business that accepte between $10,000 and $250,000 a year in credit card sales you will normally pay 3% or 4% in processing fees for every transaction. With you will pay 0% in fees and processing costs.

Payment processing companies must follow the Payment Card Industry Data Security Standard 

(PCI/DSS). Any company that handles credit card transactions must comply with its rules. The processing company will have to pay a fee to stay compliant with PCI/DSS rules. The amount of this fee can range from $10,000 to $50,000. 

Transactions made with debit cards normally have lower rates than credit card transactionl. This is because money is taken directly from a bank account during a debit card transaction. 

Payment processing companies have to collect dues to pay to the credit card associate (such as Visa and Mastercard.) This is charged for the movement of money and for the use of the associates brand name and for using the company’s network.

The payment processing company passes the costs along to the merchants in the form of a credit card processing fee. The Cash Discount Program offers an alternative to the traditional system of paying processing fees where the merchant will avoid these fees and save thousands of dollars. 

How Our Zero Fee Processing System Works gives its customers a way to save thousands of dollars a year. We pass the cost of the credit card fee along to your customer. 

If they do not want to pay the fee, they can always pay in cash. When you use our company for your payment processing needs, you will have an automatic advantage against your competition. 

Processing fees may seem like a small expense, but they add up over time. If your company generated $100,000 in credit card sales a year, you would be charged around $3,000. That is money that any small business owner could use. A small business owner has plenty of overhead and needs to keep its revenue. 

There are a few things that you should know about zero processing with 

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There are Multiple Fees You Will Not Have to Pay

Because processing companies are charged fees, they often charge fees of their own. There are multiple fees other processing companies charge that we do not. We know how hard you work for your money and we think you should be able to keep it.

Batch Fees 

When a processing company batches your transactions for you at the end of the day, they will normally charge you a batch fee for each bank you have had a transaction with that day. Banks charge a fee to the processing company and the processing company charges a fee to merchants. Merchants who do business with us will never have to pay these fees. 

Monthly Fees

Some credit card processing companies will charge you a fee every month just for being a customer and for providing you a monthly statement. This is normally a flat fee, the price of which varies from company to company. This fee is usually around $10.00 to $20.00 a month.  

Costs for Equipment

Most payment processing companies will require you to use their equipment, and our company is no exception. We have a unique cash discount system that works through our terminal.

Some companies will charge you for the equipment but we provide free equipment. Our customer service representatives are ready and willing to answer any questions that you might have about the processing equipment. 

How Are We Able to Offer Zero Processing Fees?

At this point, you may be wondering how we make our money. We charge fees like any other credit card processing company. We do not offer free credit card processing. However, the merchants do not pay these fees. 

We use one of three different models to do this depending on the state in which our client is located. These  programs are cash discount program, surcharge program, dual pricing. We are fully compliant with each of these programs in their respective states.

Cash Discount Program

Cash discounting is a method used by merchants to lessen or eliminate their credit card processing costs. Customers are given a small discount when they pay in cash. Your customers will have a positive impression of your business when you use this method as they will see a benefit right away. 

Cash discount programs have been around for a while, many gas stations have been on a Cash Discount Program for many years. Businesses used to display different prices for cash and credit cards. Nowadays, most shops will just display one price and reduce it slightly at the register when people pay in cash. Normally the amount of the discount will be whatever the processing fee would be. 

Surcharge Program  

A surcharge program is when a small fee is added to a purchase that is paid for with a credit card but not on debit cards. Most people will not complain about a very small fee because they want the convenience of paying with a credit card. You will not have to raise your prices to make up for the costs of the fees you have to pay when you use this program. 

There are 2 states in which surcharge programs are illegal. They are:

  • Connecticut
  • Massachusetts

Surcharges on debit cards are not permitted.

Dual Pricing

Dual pricing occurs when at the point of sale the customer is presented 2 prices, the lower amount is for cash and the higher amount is if the customer chooses to pay with a credit or debit card.  

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Cash discount programs are legal in all states since the Durbin amendment was passed as part of the Dodd-Frank bill in 2010. 

Do you work with all credit cards?

Yes, your customers will never be disappointed. We accept all major credit cards.

Will I get an increase in rates when I use

No, you will not. We do not raise our rates annually. We are consistent with any fees we charge.

Are there any businesses that would not benefit from a cash discount program?

A cash discount program is not for everyone. There are some situations in which it would not make sense. You should talk with one of our customer service representatives to find out if it is right for you.

How do I know which program is right for me?

Call our office and speak directly to one of your representatives or email us at [email protected]