Zero Fee Processing
Federal regulations have recently changed in favour of business owners and as a result, businesses are now able to legally offer a cash discount program which eliminates 100% of the much despised credit card processing fees.
For many years, gas stations, government agencies and utility companies have taken advantage of a similar type of programme and now, with the backing of Visa, Mastercard and all major card brands, we are able to bring this unique offering to you.
Join The Credit Card Processing Revolution and join the thousands of merchants who have switched to Zero Fee Credit Card Processing
So…. How does it work?
A cash discount is when a merchant decreases the price for cash purchases as an incentive and to encourage customers to pay by alternative methods other than a credit/debit card. Such alternative methods include cash or checks in order to receive a discount which is applied at the time of sale. Cash discount programs are not credit card surcharges because they do not charge a fee that is added to a credit card transaction.
A small convenience fee of (4%) is applied to all sales. This fee is waived as a discount if the customer selects to pay by cash or check. OrangePay increases profits for businesses by eliminating all of your processing fees and increasing cash revenues.
Is a store obligated to notify its customers about the program?
What is a Surcharge?
A surcharge is a charge or fee that is added towards the price of a good or service and is usually added towards an existing tax. Surcharges, however, cannot be assessed on debit cards. Typically, surcharges are based on a specific percentage of the total price of goods or services before taxes are assessed.
Why pay to process credit cards when OrangePay has found this perfect solution for your business.
You may be worried that customers would be put off by having to pay this extra processing fee. However, in a recent study done by Payment Journal, 99.2% of customers did not complain about the extra fee. And even if they did, then they would still be able to pay with cash.