Northern Media Services has launched a zero-fee credit card processing program for small businesses, offering a way to eliminate merchant processing costs without changing how payments are accepted.
-- Business solutions provider Northern Media Services has launched a zero-fee credit card processing program aimed at eliminating one of the most consistent and overlooked costs small businesses face. The program allows merchants to stop paying processing fees without changing how customers pay at the point of sale.
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"Most small business owners know they are paying fees on every card transaction, but very few have stopped to calculate what that adds up to over a year," a Northern Media Services spokesperson said. "When you put the total number in front of them, it tends to get their attention quickly."
Businesses that accept credit and debit card payments are typically charged across multiple fee categories simultaneously. Interchange fees, which are charged by the card-issuing bank on every transaction, generally account for the largest portion of the total processing cost. Card networks such as Visa and Mastercard also assess their own network fees, while payment processors add markups and may charge additional monthly service fees, PCI compliance fees, gateway fees, and batch fees.
The combined effect of these charges can have a significant impact on operating costs over time. According to Northern Media Services, many small businesses spend an average of approximately $7,500 annually on payment processing fees, with higher-volume merchants potentially incurring substantially greater costs.
The company's zero-fee credit card processing program is designed to eliminate those expenses for participating merchants by shifting the cost of card acceptance away from the business. Under the program, merchants can offer customers a discount for paying with cash, while customers who choose to pay by credit or debit card cover the cost associated with their selected payment method. The approach allows businesses to retain their existing payment options while reducing processing expenses.
The program is compatible with in-store, online, and hybrid business models. It can integrate with an existing point-of-sale system or include new payment equipment when required. Businesses enrolling in the program also receive on-site training, and live customer support is available around the clock to assist with technical or operational issues.
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Contact Info:
Name: Charles Mckinnon
Email: Send Email
Organization: Northern Media Services
Address: 274 Cemetery Rd, Oswego, NY 13126, United States
Website: https://www.northernmediaservices.com/
Source: NewsNetwork
Release ID: 89198234
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