How much did you spend on processing last year? Take control and put thousands back in your pocket with the Edge.
Fast setup! Try it risk free.
It was a bad experience with a competitor that brought me to Sekure Payment Experts. I’ve been very impressed with Sekure – their service has been outstanding – responsive, professional, thorough. Really a night and day difference.
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Language Liaison
Every dollar counts! Edge puts your money back into your business, where it belongs. Here’s how it works:
Use the provided signage to inform your customers that your business offers dual pricing!
Your customers choose to pay by cash, or tap, swipe and dip as usual to complete their purchase by credit card.
The POS device automatically calculates the right charge amount based on the method of payment.
The Edge is a more efficient way to process credit card transactions, giving you the power you need to protect your business from rising merchant processing rates.
By implementing the Edge, you keep more on your credit card transactions, curbing those expensive processing costs that dig into your bottom line every month.
* Based on typical merchant processing fees of 1.5% – 4%.
The Edge is an innovative new program that eliminates the never-ending cycle of rate negotiation once and for all, reducing the burden of processing costs without impacting your current sales volume.
The Edge is similar to the “gas station model”: if you pay with cash, you pay one price, and if you pay by credit card you pay a different price. The credit card terminal handles all of the calculations for you, and you end up with the same amount in your bank account on all sales.
The Edge is available for all credit card types and transactions, including mobile wallets such as Apple Pay and Android Pay. The Edge is a fully mobile payment solution, compatible with wireless terminals and POS systems.
The Edge is not a surcharge or a cash discount program; it’s a price increase at the item level. But instead of applying this to all your customers, you only need to apply it to those who choose to pay by credit card.
The Edge is automatic and transparent. We provide you with clear signage indicating that all items have two prices and that customers have the option to pay with cash and save.
What’s more, there are no added PCI compliance fees when using free Payanywhere smart equipment. The same flat rate is applied to every transaction and the terminal automatically adjusts the price. Just as the platform automatically calculates the item price, it also automatically calculates the sales / revenue increase, and collects the sales tax increase at the same time.
The Edge was built to support merchants in all 50 states and encourages them to follow the commerce and pricing laws in their specific state.
Your customer brings a $10 item to your payment counter and wants to pay with credit.
With a traditional credit card transaction, you, the merchant, will pay 1.5% – 3.99% in processing fees to the credit card company. This means you will probably only make around $9.60.
With an Edge credit card transaction, a 4% customer fee is charged to the customer per item and clearly added to the receipt. That means the fee was passed on to the customer, and you receive the full $10.
Your posted signage explains the program to your customers and they have the freedom to choose whether they pay with cash or credit. If they choose to pay with cash next time, they will only pay $10. Either way, you still make $10.
The Edge is a win-win, because it gives your customers a choice of how they want to pay. With the Edge, if they choose to pay with cash, they receive lower pricing than someone who pays by credit card.
That said, you’re in total control. You always have the option to turn it on and off at your discretion. The choice ALWAYS remains with you, the merchant.
When you enable Edge, the software will automatically assign two prices to every item. At checkout, the sales details screen will show both cash and credit (retail) prices to your customers. This allows them to see the price difference between paying cash versus paying with a credit card.
Be sure to inform your customers you have cash versus non-cash/credit prices. If you enable the Edge program, you must display the signage provided. Download the cash discounting signage.
Always check with your local regulatory body for updated state guidelines when deciding to sign up for a dual-pricing program like Edge. If you’re not sure where to start, you can always verify the U.S. retail pricing laws and regulations.
You can turn on the Edge program through your PayAnywhere App or Payments Hub portal. Follow the steps below to enable the Edge:
In your Payanywhere app, click the menu and select “Settings” then “Cash Discounting”. Or, on Payments Hub, click “Payment settings” on the “Business settings” page, then scroll down until you see “Edge Program”.
Toggle “Edge Program” to “ON” and the program terms will appear!
Click “Submit” to agree to the Edge Program terms. If you don’t have an open batch, the change will take into effect within 5 to 10 minutes. If you do have an open batch, the change will take place after the transactions are closed for the day.*
You will receive a confirmation email from your payment processor once your request has been accepted.
* Please note: If you see a message that your business does not qualify, call (866) 710-7384 and our Payment Experts will help you right away.
It couldn’t be easier – use your existing equipment or we’ll set you up with a Smart POS+ and cash drawer absolutely free – a value of $1595!
It’s time to rethink your credit card processing. What could you do with the money you’ll save?
Complete the form below to request enrollment in the Edge program. A dedicated Payment Expert will promptly contact you within one business day.
