Zero Fee Processing, The Future Of Credit Card Processing
December 7, 2022 ⚊ 1 Min read ⚊ Views 119 ⚊ FINANCE
Zero Fee Processing, The Future of Credit Card Processing
Zero Fee Processing has proven to be the best processing platform for business owners and has been a crucial necessity during the COVID-19 pandemic. Small businesses that implement Zero Fee Processing save the cost that traditional processing would normally be charging them by eliminating their credit card and debit card processing fees. Swipe4Free is seeing many merchants asking to have their accounts switched from traditional processing to Zero Fee Processing also known as Cash Discounting. By making this change the business owner will eliminate their credit and debit card processing fees by passing them on to the customer.
This fee is known as a Non-Cash Charge and is typically set at a 4% fee per transaction. Some businesses are exclusively only accepting credit and debit cards, as opposed to cash, in order to help keep employees and customers safe from the spread of germs and the COVID-19 virus.
