Non-Cash Adjustment Programs is now legal in the State of Florida! Implementing a non-cash adjustment is another way business owners can offer a discount off of their listed, stated and advertised prices. Customers who pay with credit and debit cards do not receive the discount and will notice a non-cash adjustment on their receipt.
This shows a flat rate but percentage can also be used.
There are rules and regulations to be followed but this program can easily help you lower you overall costs of merchant processing! Merchant Processing Solutions is offering a SUITE of processing options that are a COMPLIANT one-stop shop for fee based solutions allowing merchants to save money and provides you with new revenue streams!
Non-Cash Adjustment Program Rules:
- Registration with the card brands is not required
- A non-cash adjustment may be assessed as a fixed amount or percentage and may be applied to credit cards and signature debit
- A non-cash adjustment may be assessed in a Card-Absent Environment and Card Present Environment
- The non-cash adjustment may not exceed the 4% cap
- In-person Terminals
- Over -the -Phone Payments
- Invoice & Recurring Payments
- Mobile Payments
- Email Payment Links
The Cost of this non-traditional Processing Option Program is $20.00 per month!
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