Facts About Credit Card Processing and What
Integrity Pay Systems Can Help the Merchant With


    Client at shop
  •  Banks Do Not Process Credit Cards – They have your deposit accounts which means they have your trust. They leverage that trust to get your credit card processing business. Truth is: They markup the profit for themselves and turn the business over to a third party who takes further advantage of the merchant/banking customer. Shameful really!

  • Tiered Pricing - Another way processors hide profit. STAY AWAY FROM THAT. We don’t do that!

  • Interchange Cost Plus Markup – All processors must pay VISA per their Interchange Fee Schedule. Depending on the card used to pay the merchant, fees can range anywhere from .05% to over 4% in rewards paid to your customer.

  • Rewards Are Paid by the Merchant – VISA puts on TV commercials showing the rewards and cash back paid to the card user. Those fees are paid by the merchant that takes those rewards cards, and VISA takes all the credit for the merchants paying their customers. This is how the “Cash Discount Program” and “Dual Pricing” evolved today.

  • Cash Discount Program and Dual Pricing– This is where merchants use our equipment to charge their client 3.5% or 4% on all card transactions. This will eliminate the merchants’ processing bill. Why should you, the merchant, have to pay the rewards that VISA takes all the credit for those moves when the money comes out of your pocket!

  • Merchants Are Prohibited From Making Money on Credit Card Processing – Merchants are currently unaware, but there is a Federal Law that prohibits merchants from charging a fee to their customers unless they are on the “Cash Discount Program” or “Dual Pricing” whereby the processor is monitored by Federal Regulation.

  • Square and PayPal Have the Highest Rates Possible – As much as 3.5% on rate for keyed in transactions. That is $350 in credit card processing charges on $10,000 processed. It might be convenient to get started but the cost are prohibitive over any span of time and they don’t offer Cash Discount or Dual Pricing to eliminate those fees, Plus they don’t have a local agent that will take care of your specific needs!



There are several ways to be confused and that’s what most processors want—the merchant to be confused, so they can make more money.

 

With Integrity Pay Systems, we only offer two of the many ways to process credit cards, so we can be completely transparent in all aspects of looking out for your business and exposing the other processors that try and trick and deceive the merchant.

 

1.) VISA Interchange Cost – True VISA hard cost-plus markup. VISA gets their fees based on the Interchange Fee Schedule.

2.) Cash Discount Program and Dual Pricing – Our smart terminals automatically add the choice of collecting 3.5% or 4% to the transaction the merchant places in the terminal. This will eliminate the merchants processing bill, even if every card processed is an American Express or the biggest rewards card available. EVEN IF WE LOSE MONEY, YOU WILL NOT GET A BILL FROM US. Just a statement showing how much you processed!

 

These are the two best options for the Lowest Cost or NO Cost Processing, and if you are told anything other than that, BEWARE; you are being hustled.
Don’t let them take away your rights by signing a long-term contract with an early termination penalty.

 

WE DON’T PLAY THOSE GAMES! WE ARE BUSINESS BUILDERS AND WANT TO SEE YOU SUCCESSFUL!

Trust a business partner that looks out for you and your best interest. We help drive cost down, and we are the only ones that will promote your business on our website and promote your business with a link to take interested parties directly to your website driving new business to your door. That’s the kind of business partner people like to know.