Payment Processing
Agnostic Payment Processing And How It Can Save You Money!
Credit Card Payment Processing is one of the most misunderstood and misrepresented aspects of business operations today. There are so many questions that need to be answered correctly with very few resources that give you a clear understanding of what you should be paying and what you should be saving. Additionally so many of the large POS System companies mandate that a specific payment processing company be used by the merchant. The contracts associated with these mandated payment processors may last between 3 to 5 years and have buy-out clauses that will range from $500 to $3.25 Million Dollars dependent on your companies volume of sales structure of contract and where your business is in the age of the contract. Agnostic Payment Processing simply means having the option to select the payment processor that best suites your business needs.
Surcharge Programs
A surcharge program allows the merchant to pass a certain amount of the credit card processing fee onto the customer. Most of these programs are flexible, allowing you to charge between 2 to 3 percent for the credit card processing fees. With a Surcharge program the merchant is charged for the remaining fees. Passing off even a small portions of these fees can save a merchant hundreds of dollars a month!
Cash Discount Program
Cash Discount Programs are also known as cash incentive programs or cash rewards programs. The programs incentivizes the use of cash by merchants customers. They accomplish this by charging the merchants customer between 3 to 3.84% for every credit card transaction. The majority of the credit card processing fee is carried by the customer with these programs. This program can save a merchant hundreds or even thousands of dollars a month.
International Payment Processing
Choosing RL Technologies for international payment processing ensures that your business benefits from cutting-edge technology, global reach, security, and personalized support. Here’s why RL Technologies is the best choice for your international payment needs:
Global Payment Coverage and Accessibility
• RL Technologies offers payment processing in over 200 countries, supporting transactions in more than 150 currencies. This allows businesses to seamlessly enter new international markets with minimal setup time. Whether your company operates in e-commerce, B2B, or another sector, RL Technologies provides the reach and infrastructure necessary to handle cross-border transactions efficiently.
Our Payment Processing Partners
