MerchantWay introduces a new 0% Credit Card Processing Fee Program for merchants, eliminating processing fees to boost profits and support business growth.

Scottsdale, Arizona, United States - March 28, 2024 —

MerchantWay, a leading provider of payment processing solutions, is excited to announce the launch of its innovative 0% Credit Card Processing Fee Program for merchants. This impactful initiative aims to empower businesses by eliminating credit card processing fees, allowing them to maximize their profits and thrive in today's highly competitive market.

Under this program, also known as a cash discount program, merchants can enjoy the convenience of accepting credit card payments without incurring any processing fees, resulting in significant savings and increasing the bottom line. Merchants are now permitted to surcharge customers for credit card processing in the form of a cash discount. This means that the processing cost of using credit cards for purchasing can be the responsibility of the customer. If the customer chooses to pay with a cash payment method, then there would be no surcharge fee.

MerchantWay understands the challenges that merchants face in managing their expenses, especially when it comes to credit card processing fees. This cash discount program is designed to alleviate this burden. As an estimate, merchants could save up to 3% of their monthly processing gross volume. Therefore, for every $100,000 processed each month, merchants may save about $3,000 per month or $36,000 each year.

With MerchantWay's 0% Credit Card Processing Fee Program, merchants can take advantage of seamless payment processing solutions without worrying about additional costs eating into their profits. Whether they operate online, in-store, or both, this program offers unparalleled flexibility and savings for businesses of all sizes.

The MerchantWay 0% Program includes:

• One Low Fixed Monthly Fee
• No Minimum Purchase
• No Minimum Volume
• Unlimited Processing

For merchants that run brick-and-mortar locations with physical point of sale systems (POS), MerchantWay’s cash discount solution works with most POS systems that allow merchants to choose their credit card processor or gateway, so merchants will not likely need to switch their POS. In cases where the POS restricts the merchants’ processor, merchants typically take advantage of MerchantWay’s free POS upgrade program and switch POS systems in favor of 0% processing. So MerchantWay will either work with the merchants’ existing POS or merchants have the option of choosing from any of MerchantWay’s POS partners and take advantage of the no-cost POS offer paired with the 0% Program to maximize savings. 

Merchants interested in learning more about MerchantWay's 0% Credit Card Processing Fee Program can visit MerchantWay.com and complete the merchant form to get more details. 

About MerchantWay:

MerchantWay is a leading provider of payment processing solutions, offering innovative services to businesses of all sizes. With a focus on reliability, security, and affordability, MerchantWay helps merchants streamline their operations and maximize their profitability. MerchantWay is a registered ISO of MetaBank, N.A., Sioux Falls, SD and Wells Fargo Bank, N.A., Concord, CA.

For more information about MerchantWay, use the contact details below:

Contact Info:
Name: Charles G
Email: Send Email
Organization: MerchantWay
Address: Scottsdale, Arizona 85251
Website: http://merchantway.com

Release ID: 89125708

In case of identifying any problems, concerns, or inaccuracies in the content shared in this press release, or if a press release needs to be taken down, we urge you to notify us immediately by contacting error@releasecontact.com. Our dedicated team will be readily accessible to address your concerns and take swift action within 8 hours to rectify any issues identified or assist with the removal process. We are committed to delivering high-quality content and ensuring accuracy for our valued readers.