After the challenges of the pandemic, recent labor shortages and growing economic uncertainty, merchants are looking to cut costs wherever possible. One cost-cutting method that’s gaining traction among many merchants is the migration of card processing costs from the merchant to the cardholder via a series of fee-based processing methods. Examples include the addition of a surcharge on applicable credit card transactions, a discount applied specifically to cash transactions, or a general fee-based program that can be applied in a variety of scenarios. However, most merchants aren’t aware of all the nuances and requirements that accompany these types of fee-structures/programs that can lead to frustrating consumer experiences or card brand fines.
Click below to download a FREE whitepaper about Datacap’s Payment Fee Suite to help determine which option(s) make the most sense for your clients:
Compliant Surcharge with Lookup
Payment Fee / Split Fee Funding
Configurable Dual/Multi-Pricing
100 New Britain Blvd.
Chalfont, PA 18914
Phone: 215-997-8989
E-mail: sales@dcap.com
Hours of operation:
Monday – Friday 8:30am to 5:30pm EST
Datacap supports regulatory best practices in ADA and EMV with support of the Kiosk Industry Group and the Kiosk Association (KMA). The KMA works directly with the U.S. Access Board and is a participating organization with PCI SSC.