Transfer your credit card processing fees to your customers and clients, allowing you to accept credit cards at a 0% cost. Effortlessly manage surcharges, convenience fees, and service charges through Biyo's Zero Processing Fee Program.
Biyo Zero Processing is a feature similar to traditional convenience fees.
Usually, convenience fees are either a fixed amount (Visa) or a set percentage (Mastercard, other card brands) charged to a customer for providing an alternate form of payment method.
Biyo Zero Processing is a fixed-rate depending on the card brand.
In order to be fully compliant with the program you must increase your prices by 4%.
Your new increased prices will be your new prices and anytime a customer wants to pay "Cash" the system will reduce the price of your menu items by 4%.
In other words you are not surcharging for credit card but performing a Cash Discount to customers who pay with Cash.
This is done all automatically through the POS so you don't need to keep track and know that you are no longer paying for credit card processing fees.
Ready to revolutionize your payment processing and boost your business’s growth?
Sign up with Biyo POS today!