The EDGE program through North American Bancard and Cash First Payments is a great option! It will reduce processing costs and increase your margins. For an explanation on how the Edge program works and if it will work for your business email Ryan@Cashfirstpayments.com.

Interchange Plus is the most common model of pricing. Typically the pricing is based upon monthly volume. Card processors will add basis points to the interchange cost. The higher the volume the lower the basis points.

Flat rate pricing. This model set’s the business owner up at one price for all credit transaction. This model is Similar to Block (formally known as Square). You may think this may be a good alternative when you are first starting out. However staying with this pricing model can be very expensive as your business grows. Don’t be suckered in by low cost technology. Speak with a payments professional to see what your options are.

Cash Discounting is becoming a thing of the past. VISA has recently said this model is non- compliant with there rules. Cash Discounting is adding a surcharge, convenience fee or non cash adjustment to a card transaction. All of these are not allowed by the card brands.