Zero Cost

Zero-Cost Credit Card Processing

Save thousands of dollars with our zero-cost program! Our no fee processing solution ensures our users retain more of their earnings - which means you can invest in the growth of your business. PaymyntProcessing offers:

  • Surcharge compliant card terminal
  • Lowest credit card processing fees
  • Minimal paperwork
  • Month to month terms
  • Quick approvals
  • Around the clock support
Overview Image
Circle


As credit card processing continues to be the most popular form of payment for businesses throughout the United States, it's critical to find an affordable payment processing platform. While most payment service providers charge a range of processing fees, zero-cost credit card processing is an option for entrepreneurs who want to offset the cost of processing payments.

What Is Zero-Fee Credit Card Processing?

Zero-cost processing is a program that doesn't charge the business for all of the transactions that are accepted through the pos system. As credit card processing fees can eat into an enterprise's bottom line, many small businesses now choose to work with credit card processors that offer zero-fee options.

It would be inaccurate to deny the fact that there are costs associated with processing credit card transactions (interchange fees, monthly fees and chargeback fees to name a few), but with zero-fee programs these costs are absorbed by the cardholder through what’s known as a surcharging. Customers will have a choice to pay with a credit card at a slightly higher price (known as a surcharge) or pay with cash at the original price.

Similarly, merchants can implement a cash discount program, where customers receive a discount on their purchases if they pay with cash, while paying the original price when using a card. While these two methods of zero-cost processing sound similar, there are some key differences worth noting.

Fees for debit card payments may be eliminated depending on if you’re using a surcharge or cash discount program. Cash discounts will eliminate processing fees for debit payments, but surcharges will not.

Benefits of No Fee Credit Card Processing

Reduce Exposure to Credit Card Payment Processing Fees

When you use zero-cost credit card processing, your customers pay your processing fees – this helps lower your costs.

Receive Original Prices for Products and Services

When your business pays for merchant account expenses, it leaves itself exposed to a mixed bag of fees and costs. This can make it difficult to price your products and services accurately. However, with this program, you will always know the exact price you’re receiving for a specific good or service.

Encourage Cash Payments from Customers

If you want to reduce your exposure to credit card fees, charging a higher price for credit card transactions will make customers think twice about their payment method.