Zero Cost Credit Card Processing

New Jersey, Pennsylvania, California and Nevada are just a few of the states that now allow zero cost credit card processing through a program we are able to provide to merchants, other than those in designated high risk categories. This program allows businesses to pass the credit card processing fees on to the consumer and has been very well received with businesses in the California automotive servicing sector, such as body shops, auto servicing and auto repair shops as well as other businesses looking to reduce their monthly costs and not raise their prices. Businesses located in a total of 40 states can now take advantage of this program and we are looking for businesses and strategic partners to help get the word out; contact us to see if your state qualifies and we’ll be glad to get you started with our straight forward application process. We don’t not require a multi-year contract and we do not have an early termination fee like many of our competitors.

Auto Body Shop Using Zero Cost Credit Card Processing Veterinarian Practice; pet care

The program enables merchants to pass the processing costs on to the customer. This way each customer pays for their portion of the credit card processing costs, instead of the business owner getting hit with a large bill each month that cuts into net profits. This allows businesses to increase their profit margins as well, since they are reducing their monthly costs. The customer is given a choice of course, they can decide to use their credit card and pay the pro rata processing fee or they can use another form of payment. Card association rules and state law are clear on this subject, businesses cannot surcharge or pass any additional fees onto customers that pay by cash, check, ACH or debit card. So the only monthly variable cost the business would really face is the processing costs for accepting payment by debit card.

ONLINE SHOPPING on mobile phone

Joseph B. LaRocco explained that, “Once a business is approved, we register the merchant  with the major card brands and we provide the merchant with the proper signage and disclosures for in-store and online payments. Businesses can accept payments via an approved credit card processing terminal, through a secure payments page or even through a smart phone, since the software and payments page are mobile friendly. It’s really up to the business based on their current way of accepting payment, we even have online only business covered by being able to integrate our api with most online shopping carts.”

Savings with Zero Cost Credit Card Processing

Cutting costs for businessUnder this program, the business pays a fixed monthly fee of under $100 for things like PCI compliance, monthly account maintenance fee, disclosure signage that must be placed in the store near the payment terminal, and the use of either approved computer software or a credit card terminal, depending on how the business wants  to accept payments from its customers. This fee also includes software updates to make sure the business is following established guidelines and customers are getting a properly itemized receipt when they pay by credit card. This is a complete turn key program for businesses large and small and we provide everything that is needed as well as ongoing support and assistance.

Example:  Let’s say a business is doing $25,000 per month in credit card processing sales and pays an average processing rate of 2.80%. That business is paying $700 per month. This cost can now be passed on in small increments to each customer through an approved program saving the business $700 per month; $8,400 annually.

While there are some high-risk businesses that would not be permitted into this program, it is particularly well-suited for many New Jersey businesses such as

  • veterinarian practices
  • pet care businesses
  • auto service stations
  • auto body shops
  • tow truck operators
  • automobile sales
  • retail establishments
  • business-to-business sales
  • health care and doctors offices
  • law offices
  • dental practices
  • dry cleaners
  • liquor stores
  • restaurants

Many other states allow the merchant to take advantage of this zero cost credit card processing program as well. Mr. LaRocco explained, “We have already signed businesses in California who were eager to enter this program. Next we will be promoting it in New Jersey and then the other states which now permit passing on processing costs to the customer.  In addition to California and New Jersey we are able to offer this program in all states except Colorado, Connecticut, Massachusetts, Maine, Oklahoma and Kansas.”

Zero cost credit card processing for auto body shops in California has actually gotten quite a bit of attention.  Even tow truck operators and auto servicing business see this as a great way to save by surcharging or passing on a small amount of the processing costs to those customers that pay by credit card.

We are happy to answer questions and assist large as well as small merchants with zero cost credit card processing, so feel free to contact us and let us know if you need any additional information.


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