Would you like to eliminate up to 95% of your fees to accept credit cards at your business?

2 Minutes read
Credit Card Processing | Free Credit Card Processing, Reverse My Fees

Written by Jeremy Ochsner

Try our no risk, Reverse My Fees Program.

In the past merchants would charge a convenience fee when a credit card was used. Typically, a person sees these types of fees online for ticket purchases to events. However, the card brands, Visa, MasterCard, Discover, and American Express have authorized a Cash Discount Program. The Cash Discount Program can eliminate merchant fees 95% or more.
Reverse My Fees and Cash Discount are synonyms or mean the same thing.

How does it work?

  • Merchant account is set up properly with the card brands on the Cash Discount/Surcharging program.
  • All prices in the store are cash prices.
  • If the customer decides to use a credit card for purchase, there is a flat surcharge for the use of the credit card.
  • The surcharge is automatically calculated by the credit card terminal and is a separate line item on the receipt. The surcharge is a fixed percentage.
    • For example, surcharge is set at 3.95%. Customer is paying a $20 sale including tax with a credit card. The surcharge is $0.79 and the total on the credit card terminal receipt is $20.79. The customer is billed $20.79.
  • The surcharge charged to the customer is the same as the flat rate charged to the merchant on their merchant billing statement. Therefore, the merchant is paying $0.00 to accept credit card payments.  The surcharge will eliminate merchant fees.


No Risk Reverse My Fees




Merchant benefits

  • Up to 95% of the merchant fees are eliminated. Imagine if you are paying $1000 per month in merchant fees and now you are paying only $100 or even less, $29.95?
  • Watch out you may get some crazy or unrealistic offers. Such as, crazy equipment leases of $50-$200 per month for 48 months or monthly fees more than $200 per month! Watch out for the other offers for free credit card processing. Many of these offers have awful, egregious leases attached to them or their equipment is $1500-$2500 for one device.
  • The Reverse My Fees Program is available on dial-up, Ethernet connection credit card terminals and even wireless credit card terminals.
  • The surcharge amount can be deducted from the batches each day or at the end of the month.
    • If daily deduction, assuming a $100 batch and a 3.95% surcharge, the deposit into the bank account would be $96.05. Surcharge = $3.95, subtract from $100 batch amount = $96.05 deposit. With daily deduction, assuming a credit processing account only, merchant would pay only $29.95 at the end of the month.

Full Disclosure (Fine Print)

  • Surcharge may not exceed 4%
  • Surcharge only applies to credit card transactions, not pin debitPin Debit is great for many merchants.  On the reverse my fees, pin debit will not eliminate merchant fees.  The fees charged for pin debit are passed to the merchant.
  • Pin debit can still be accepted, however, the merchant is responsible for the pin debit fees charged on the merchant statement.
  • Additional authorization fees may apply. Could be as much as $0.07 per authorization, depending upon average ticket.
  • There is a flat monthly fee between $29.95 and $79.95 depending upon the plan chosen by the merchant.
  • The Reverse My Fees program is legal in most states.

If you have further questions or would like to get started on the Reverse My Fees program, please give our office a call 877-651-1655 option 2.

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