3 Reasons to Switch to Zero Fee Merchant Processing

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3 Reasons to Switch to Zero Fee Merchant Processing

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Nowadays there are few credit card processors who offer “zero-fee” merchant processing as an attraction for businesses towards their services. Although the offer seems lucrative and tempting, there are a lot of fine prints involved, which need to be understood very carefully, before signing up for one. Read more – PowerPoint PPT presentation

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Title: 3 Reasons to Switch to Zero Fee Merchant Processing


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3 Reasons to Switch to Zero Fee
Merchant Processing
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(No Transcript)
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You must be already aware of the fact that you
need to pay an interchange fee whenever a
customer pays with a credit card.
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And this interchange fee is not only the most
expensive component of a credit card processing
costs but is as well non-negotiable.
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However, nowadays there are few credit card
processors who offer zero fee merchant
processing as an attraction for businesses
towards their services.
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Although, the offer seems lucrative and tempting,
there are a lot of fine prints involved, which
needs to be understood very carefully, before
signing up for one.
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So, lets comprehend what zero fee merchant
processing is and how it can be benefiting?
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Definition of Zero Fee Merchant Processing
Also known as no cost processing, zero fee
merchant processing is a service solution where
credit card processing fees are passed over to
the  customers automatically for payment, instead
of the merchant.
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In the United States, this system of passing over
the processing cost to customers is permissible
in all, except in 9 states.
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Although no cost processing is available with
traditional processors also, some companies have
started creating business with it, by offering it
exclusively.
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Benefits of Zero Fee Merchant Processing
1. Saves Money
Even though credit card processing fee is not
that high for merchants, when added up annually,
it does become a good amount.
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However, when the charge is switched to
customers, the merchant can save thousands of
dollars by eliminating not only the processing
amount but as well monthly and yearly fees.
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2. Next Day Funding
With the help of zero fee merchant
processing service, a merchant can receive
his/her funds deposited into his/her bank account
directly, as early as the next day.
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3. Hassle free Processing
The process of payment becomes easy and smooth
with the help of zero fee processing program. In
other words, the service allows a merchant to
accept credit card payment without having to
incur any cost.
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How to Switch to Zero Fee Merchant Processing?
In order to avail zero fee merchant
processing service, a merchant has to get in
touch with a cash discounting credit card service
provider like the Reverse My Fees.
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Once a merchant signs up all the required
documents and becomes partner, the service
provider will help the merchant to discount all
their goods and services for purchase with cash.
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If the consumer chooses to pay with a credit
card, the pre-applied discount is removed at the
time of the transaction and reflected on their
receipt as a non-cash charge.
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The original source is here https//zerofeecredi
tcardprocessing.wordpress.com/2021/10/04/3-reasons
-to-switch-to-zero-fee-merchant-processing/
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Reverse My Fees
Phone (888) 226-5926
Website www.reversemyfees.com
Address 519 N Causeway Blvd, Mandeville,
Louisiana 70448
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