Dual Pricing
Dual Pricing program can reduce or even eliminate card processing transaction fees. The fee is passed onto the consumer like an ATM. The fee is waived as a discount for cash transactions.
Merchant ABC
1129 Ocean Ave
Suite 303
West Palm Beach, FL 33402
- 03/01/2023 15:31
-
Sale
- Trans: #4 Batch: #1
- American Express CHIP
- ********1105 **/**
- AMOUNT: $27.65
- TOTAL AMT: $28.69
- Resp: Approved
- Code: 1234567890
- App Name: American Express
- AID: A0000000025010801
- TVR: 0000008000
- TSI: E800
- Thank You!
-
CUSTOMER COPY
- Applied equally to Credit and Online Debit transactions*
- Available for face to face retail swipe transactions
- Fee amount will be a percentage of the transaction amount charged to the Cardholder
- Fee amounts broken out on Receipts and Batch Reports
- Merchants can have the option to cancel the fee amount at their discretion
- Next Day Funding and Daily Discount provided with this program
How it works:
- Merchant enters the transaction sale amount and the fee is automatically calculated.
- Customer accepts the transaction amount and fee.
- Customer swipes, dips, or taps their card.
- Customer gets receipt and Merchant receives 100% of transaction.
- Merchant can waive fee on any transaction desired.
* An inactivity fee of up to $25 per month applies for accounts that charge less than $1,000. Technology Fee Option reduces or eliminates per transaction fee costs. Program limited to approved underwriting criteria. Program subject to average ticket and monthly volume requirements and limitations.
Online Reporting
| Number | Receipt | Date | Amount | Amount Tran. fee |
Total | Number | Card Mode | Transaction type |
|---|---|---|---|---|---|---|---|---|
| 5 | 8/2/23 04:10 AM | $112.88 | $3.95 | $116.83 | ...5180 | Credit | Sale | |
| 4 | 8/2/23 04:09 AM | $123.88 | $8.95 | $156.83 | ...5113 | Credit | Sale | |
| 3 | 8/2/23 01:17 AM | $212.88 | $6.95 | $148.23 | ...5124 | Credit | Sale |
Fee amounts can be viewed on transaction receipts and terminal settlement Reports (Below left)
