#zero fee processing

Zero fees or no-cost credit card processing sounds attractive. And, why won’t it? You have invested so much effort, time, and money into setting up your business that you will gladly go for zero fees credit card processing to avoid extra expenses. But is it really zero cost to you?

Is it possible to have ‘no cost’ or ‘zero charges’ at all? There are so many things to keep in mind before you choose zero fees processing.

Zero Fee Processing

Zero fees processing is a process in which credit card processing fees are passed to the customers. This is called surcharging credit cards. Though a business doesn’t get charged with any processing costs, the customers pay the fees.

No-fee credit card processing is available with several traditional processors; however, companies nowadays are offering ‘free’ or ‘no cost’ processing. In this process, the processor will handle surcharging on your behalf.

Is Free Credit Card Processing Really Possible?

Well, the answer to the question is, ‘yes’. Some merchants offer zero fees processing as a term to cover most of the cost. But, you still incur costs, like compliance fees, monthly fees, etc. Also, surcharges are applied to credit cards only. If a customer chooses to pay with a debit card, there will be costs of processing the transaction. To top it all, there may be equipment charges too.

Most businesses are still making small losses that add up to become a huge loss because they have not heard about reverse fee processing for their credit card machine. Reverse fee processing is also known as Zero fee processing, and it allows you to get free processing and allow credit cards for free. Wowpayments is unique among best credit card processing companies and here are some benefits you get by allowing them to process your credit cards and terminals for you.

Reverse fee processing

Recent trends in the credit card processing industry give room for merchants to reverse the fees to the customer leading to a free or zero charge processing fees. This Zero fee is considered as a surcharge fee which is accepted in around 40 states in America and allows business owners to save up to 90% or more.

Online Credit card reader

At wowpayments, we already acquired the latest technology to give room for contactless credit card reader for iPhone and Android users. This will give your business the extra edge needed to reach more markets and make more profits through increased sales.

Easy to Operate

The reverse fee processing terminals use credit card machines that are easy to operate. The process is the same as that of every card processing machine. The only change is that the added surcharge is removed from the customer’s credit cards, except a debit or a prepaid card which is not allowed to be surcharged.

Safety of our Cards and terminals

At wowpayments we prioritize the safety of the funds of our clients and your customers. We use the latest technology that ensures that your funds are safe.

Free Credit cards

We also process credit cards for free for our clients and offer lower credit card rates; the best you can have around from credit card processing companies.