The idea of passing on credit card processing fees is not new. Gas stations and other retailers have been offering a cash discount for years. Major credit card companies have a lot of rules on how to pass on processing fees and negotiating the rules is not easy. Zero Fee 123 works with you and your staff to assist in the transition and to keep you compliant.
There are over 60 governing bodies that police Cash Discount and the rules are changing almost daily. In January 2020 Visa announced they will start to more aggressively police the industry to make Cash Discount more consistant and fair for card holders. If you are doing this program on your own, you are likely out of compliance. Being out of compliance used to mean you get a letter from Visa, now they are starting to hand out hefty fines. Would it be easier for you to do the program yourself, risk paying a $10,000 fine and continually keep trying to keep your program up to date. Or, would it be easier to pay us $10.00 a month and focus on what you do best, run your business, and not have to worry about being out of compliance?
We have helped 100,000 businesses save money on credit card processing, and we’ll do the same for you. Check out some of the industries we’ve been able to make an impact on below. We’d love to hear your story, contact us today to get the conversation started.
Contact us today to find out if you qualify for six months NO PROGRAM FEES as part of our Covid 19 Relief program.