Flipping the Fees!

In today's competitive market, businesses must leverage every opportunity to optimize revenue while maintaining customer satisfaction. Our methods of flipping the fees are designed to help you achieve this by allowing you to effectively offset credit card processing fees.   

We can institute a Surcharge/Supplemental fee to shift processing fees to customers who choose to pay with credit cards, thereby reducing your operating costs.  For example, if an item costs $100, our equipment automatically adds 3% when a customer decides to pay with a credit card.  When this happens, the customer pays $103 and the business receives the full $100 (and would not have any processing fees). 

We can perform the inverse of surcharging by framing the transaction as a Cash Discount.  This program involves offering a discount to customers who pay with cash, effectively passing the cost savings from avoiding credit card fees to the customer.  For example, if an item costs $100, our equipment would only charge $97 if the customer decided to pay with cash.

Lastly, we can simultaneously display both a lower cash price and a higher credit card purchase price with our Dual Pricing Program. This is an innovative approach to managing credit card fees by simultaneously presenting customers with two different prices: a lower price for cash payments and a higher price for credit card payments.

Regardless of how we flip the fees away from your business, helping your bottom line and reducing your operating cost, there are other benefits. For example, flipping the fee platforms all respect customer choice and customers prefer having options.  Your customers can decide their preferred payment method. Those who prefer not to pay the surcharge can opt for alternative payment methods such as debit cards or cash and save money. Those customers that want the convenience of using a credit card, can pay a little more.  This approach ensures that customers feel empowered and in control of their payment options, which can enhance overall satisfaction.

Implementing a surcharge program can give your business a competitive edge. By reducing your costs, you can offer more competitive pricing on your products and services, attracting more customers. Furthermore, transparent communication about surcharges can position your business as honest and trustworthy, which is increasingly important in today’s market.

No matter the program you select, flipping the fees option you decide we can seamlessly integrate it into either a stand-alone terminal or a point-of-sale (POS) systems.  We also offer robust support to ensure a smooth transition and ongoing operational efficiency. 

Flipping the fees is a strategic solution for businesses looking to optimize revenue and gain a competitive advantage.  Let us help you transform your payment processing into a powerful tool for business growth.