IT'S TRUE.

ACCEPT ANY PAYMENT WITH ZERO FEES.

We Are Here to Change the Process

Thanks to the new policies and regulations being enacted, it is possible now to offer almost no fee credit card processing to clients to their satisfaction. If you look at your business, you would understand that the credit card charges are often a disregarded expense. However, taking care of the expense in ways that can add value to the business is crucially important to the financial wellbeing of any business. The times are changing now as the congress has been hard at work capping the high processing charge for credit cards. As a result, we are in the game, now.

As such, we have worked hard as well, at payWise Technologies, to design and offer you an impeccable credit card payment processing system that will help you keep the processing charges to the lowest possible figures, if not completely zero. We are able to achieve this by carefully working with the payment processor in order to create a unique, exclusive and tailor-made program apt for your business. Since each business is unique to itself and their needs, each business needs customized solutions that can keep the processing charges lower. Leveraging the opportunities presented by the new regulations and policies, our system will add real value to your business and customers, as well.

ZERO FEE MERCHANT PROCESSING

Flawless integration and processing

We understand that all our patrons need support with setting up the Practically Zero Fee Solution according to their business preferences. As such, we have made the entire integration process effortless and easy. 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 payWise Technologies 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;

Your patron makes a purchase from your shop

You accept credit card for the payment

You reverse the processing fee to your patron

You generate more profit

VISA Surcharge Statement

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.

Mastercard Surcharge Statement

According to the US merchant Class litigation, MasterCard is working on modifying certain business policies and practices to enable US businesses to add an extra fee on the purchases of their customers when they make the payment through MasterCard-branded credit cards, which is also called a surcharge. The rule allowing for such fee changes will become effective from 27 January, 2017. It must be kept in mind that the changes aren’t effective on MasterCard-branded prepaid or debit cards.

Elmer Davis. Jr.

It is of paramount importance that there is a solution that can help all payWise Technologies users to take advantage of the regulation. Since I hail from a small-scale business environment, I understand the bites these credit card processing fees take from the already thin profit margins of small-scale businesses. Now, the time has come to change the way we do our business and it is the beginning of the good times ahead. Whether the payment is done online, over the counter or on a mobile platform, take your business in the right direction.

To Your Success In Life & Business,

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