New York State Surcharge Law for Payment Processing. Save Thousands + Be In Compliance With Dual Pricing.
Many NY business owners are unclear when it comes to surcharging ( surcharge ) payment processing for credit card acceptance. The New York State Law allows businesses to surcharge if it is done with full transparency displaying both cash and credit card transaction prices.
However a business owner can not surcharge for debit card transactions. Dual Pricing solves this problem.
Dual Pricing Is Legal Across The Country!
New York EZ Pay has a solution that is legal in all 50 states! This is called Dual Pricing. NY EZ Pay will show you how to with our digital credit card acceptance machines we offer.
Visible Dual Pricing Examples Can Be Seen Across The USA
New York State customers have seen this visible dual pricing approach from gas stations. Now small business can do the same. Not only in price tagging, but in their payment processing machines as well.
Surcharge / Dual Pricing Will Save Your Business This Much:
Based on a 4% Rate Savings Bringing Your Monthly Statement Bill Close to Zero!
Just do the math!
Mo Card Volume: | Mo Savings | 1 Year Savings | 5 Year Savings |
---|---|---|---|
$5,000 | $200 | $2,400 | $12,000 |
$10,000 | $400 | $4,800 | $24,000 |
$20,000 | $800 | $9,600 | $48,000 |
$50,000 | $2,000 | $24,000 | $120,000 |
$100,000 | $4,000 | $48,000 | $240,000 |
$250,000 | $10,000 | $120,000 | $600,000 |
$500,000 | $20,000 | $240,000 | $1,200,000 |
How Our Free (Edge) Dual Pricing Payment Machines Works:
New York EZ Pay offers to NY businesses our Dejavoo Dual Pricing payment processing machines. This smart device shows both cash and credit card prices every time an amount is typed in. We set all of this up for your business making it very easy to accept Dual Pricing and save thousands every month!
Our New York Surcharge Dual Pricing Solution Is:
βοΈ NO
Contract
βοΈ Next
AM Funding
βοΈ NO
PCI Fees
βοΈ Free
Payment Terminals
Just imagine if you did not have to pay processing fees anymore, how much would this add to your bottom line? A lot, right! We have a digital smart payment acceptance solution for your business that will eliminate 90% + of your fees. Imagine how much your business will be saving year after year. We do this with implementation of our Edge 0% Dual Pricing payment processing platform from North American Bancard and NY EZ Pay.
Enjoy Eliminating:
β Processing Fees.
β Statement Fees.
β Per Item Fees.
β PCI Fees.
β Batch Fees.
Enjoy Experiencing:
β Next Am Funding.
β Simplified Statement.
β No Contract.
β No Cancellation Fees.
β Free Smart Processing Machines.
Dual Pricing Is Fair To Both You And Your Customers.
As You Know, Customers Love Options!
Think about it, your cash paying customers are paying the same amount with no benefit. This system is not fair to your cash paying customers. This is why we implemented our Edge 0% Dual Pricing program. This platform provides a fair solution for all of your customers.
Your business will stand out from the competition by providing options. And as you know, customers love options!
New York State Surcharge Law Web Links:
Governor Hochul Signed into Law in December 2023 for Greater Consumer Protections and More Transparency.
Business Transactions Imposing a Credit Card Surcharge Must Post Total Price of Transactions, Including Surcharge, Prior To Sale. This is also called Dual Pricing.
To Assist Businesses, the Department of State has Created a Credit Card Surcharge Guide and Video to Help Businesses Comply with the Law.
Web Links For New York Surcharge Law:
The New York Surcharge Law articles below are worth the read as they outline credit card surcharging and transparency in price labeling.
As of February 11, 2024, new law New York, establishing limits and rules for surcharging. Enacted in December 2023, the new statute has a price disclosure component, detailing how surcharge prices are communicated to customers.
We have all seen how Gas Stations offer two prices, one for cash and another for credit cardsβ we are already familiar with dual pricing. Also known as cash discounting, dual pricing is a common pricing strategy that gives customers the choice to pay with cash instead of a credit card to avoid credit card processing fees.
Get Set Up New York Surcharge Card Payment Machines Today!
Be in compliance with New York State Surcharge Law with our Dual Pricing Payment Processing by New York EZ Pay. This is a brilliant way to save thousands on payment processing fees. Get double support not only from NAB on the 1-877 corporate level, but also yours truly on the local NY level. Greg G Kapitan. You can call or text me at: 332.268.9673 anytime.
We hope to hear from you ASAP.
Greg G Kapitan with NY EZ Pay seen here with my wife Michelle.