The Dual Pricing program is an innovative solution that makes it possible for merchants to eliminate the cost of payment processing by applying a small convenience fee on all store sales while offering a discount to cash paying customers. This program passes the cost of processing to the customers allowing the merchant to reduce or eliminate their card processing cost.
Yes, Thanks to the Dodd-Frank law, Dual Pricing program is legal in all 50 states.
No, Dual Pricing is not the same as Surcharging. By applying a Customer Service Fee on all store sales, the Dual Pricing program ensures that there is no discrimination against different card brands. The Discount offered is for cash paying customers and as a legal requirement, all stores must clearly display the Customer Service Fee notice inside the store to ensure all customers are aware and informed.
No, Our Dual Pricing program works on standard terminals as well as POS systems. Our team of Technical and POS experts will program your terminals and help setup dual pricing on your POS system.
Our Cash Discount Program is custom tailored for each individual merchant. Our goal is to ensure that each merchant is setup with the correct equipment and solutions to fit their unique business needs. In most cases, the cost of equipment or POS system that a merchant needs is offset greatly by the monthly savings from their card processing fees.
Each business is unique with different processing costs and charges depending on their current processor setup. While we cannot offer a standard savings amount, what we can guarantee is that Our Dual Pricing Program will eliminate almost all of your monthly card processing fees.
Getting setup with our Cash Discount program is easy. In order to comply with federal regulations, we will need the following documents: Cash Discount Merchant application signed by the Business Owner Business Banking documents which can be Voided Check or Signed Bank Letter, If available, Previous Processing Statements, Copy of owners Drivers License. Once all the required documentation is provided, we can get you setup and processing in 24-48 hours.
