0% Credit Card Processing Fees for Restaurants
Ask us how we can help restaurants get to 0% processing with dual pricing
What is Dual Pricing?
Dual pricing is a strategic approach where two distinct prices are set for the same product or service, based on the payment method chosen by the customer. This method is particularly prevalent in transactions involving cash versus credit payments. It allows for merchants to pass along the fees to the customer and avoid paying a per transaction cost.
How Does Dual Pricing Work?
At GOAT Payments, we implement dual pricing to offer our customers a choice that best suits their needs. When customers choose to pay with cash, they are often provided with a slightly lower price, reflecting the absence of transaction fees commonly associated with credit card payments. Conversely, prices for credit card transactions may be slightly higher to accommodate these additional fees.
This approach ensures fair pricing for all, allowing cash-paying customers to enjoy cost savings while ensuring the business can cover the costs associated with credit card transactions.
At GOAT Payments, our goal is to provide transparent and equitable pricing options, ensuring satisfaction and trust in our services.
