ACCEPT ANY PAYMENT WITH ZERO FEES.
Let us bring up to you a probable scenario;
A customer walks into your business and buys some waffles worth $10 and she wishes to make the payment through her credit card—any credit card for that matter. You are more than happy to accept the payment through the card. You use Merchant Pro credit card terminal to process the payment. An additional amount of 4% as the non-cash discount fee is added to the total bill which is $10.40 with taxes, and the amount is transferred to your business account in the next 24-48 hours. The fee will take care of the processing charge and replaces the processing fees to create a situation where there is practically no processing fee for the transaction.
And, you now have a Practically Zero Fee Processing Solution.
We are endowed with a range of payment platforms, and you can see them all here. The process in simpler terms would be like this;
If you have noticed, businesses in the US and other US territories have been allowed from 27 January, 2017 to levy a surcharge when the customers want to make the payment for their purchase through credit cards.
The businesses must limit the surcharge amount either to 4% of the purchase or the merchant discount rate for using credit card for the transaction, whichever is lower.
Further the business might not need any minimum purchase amount of more than $10 when transacted through Visa cards.
Additionally, merchants may not require a minimum purchase requirement of more than $10 for Visa transactions.