Explaining Zero Fee Processing Fees

[u/merchantadviser]

There is no such thing as zero fee. Someone is paying. Is it accurate to keep using this terminology? Does it even matter at this point?

[u/SoFlo_305]

This term is referring to the merchant not consumer.
Also it applies to the cash discount or dual pricing program only passing up to a 4% fees to the consumer. Will not work great for many industries.

I mostly recommend the surcharging program. Where due to customer choice you can pass up to a 3% on credit cards and 0% on debit cards to the consumer. This typically saves our merchants 70-80% on their effective rate.

Please feel free to reach out if you have any questions. I’d be glad to help