Is Dual Pricing Compliant with Card Network Regulations?
Yes, dual pricing is a compliant strategy for managing processing costs, provided you follow specific card network regulations regarding transparency and disclosure. This model allows your business to offer both a cash price and a card-present price, effectively offsetting interchange fees and card brand charges.
To ensure your program remains compliant, we focus on the following requirements during setup and provisioning:
- Automatic Calculations: The system must automatically calculate surcharges or cash discounts at the point of sale so the math is handled accurately for every transaction.
- Clear Disclosures: Transparent disclosures must be displayed at the point of sale, ensuring customers are fully informed of the two pricing options before they pay.
- Line Item Transparency: For software-driven solutions like our Lavu Dual Pricing Integration, the non-cash surcharge is collected and displayed as a separate, clear line item on the customer’s receipt.
As your partner for better payment processing, we provide the hardware and expertise necessary to implement these strategies correctly. While the business owner remains responsible for merchant surcharge compliance under applicable card network rules, we guide you through these requirements to ensure your program is aligned with industry standards.
We offer several solutions to support this model, including the Clover Flex Dual Package and Lavu integrations, which are designed to support zero-cost credit card processing for qualifying merchants in the United States.
Related FAQs
-
How do Real Time Payments Work for Businesses?
Read More »: How do Real Time Payments Work for Businesses?Real time payments for businesses function as 24/7/365 electronic fund transfers that settle transactions between accounts in seconds, providing end-to-end finality without the restrictions of traditional banking hours. These payments are facilitated by major networks such as the RTP network…
-
What Role does Ai Play in Digital Payment Trends?
Read More »: What Role does Ai Play in Digital Payment Trends?Artificial Intelligence (AI) serves as a transformative force in digital payment trends by significantly improving security and personalizing the user experience. Its primary roles include: Fraud Detection and Security: AI uses machine learning algorithms to analyze vast datasets and transaction…
-
What are the Key Digital Payment Trends for 2025?
Read More »: What are the Key Digital Payment Trends for 2025?The key digital payment trends for 2025 focus on enhancing security, speed, and the overall customer experience through several core developments: Artificial Intelligence Integration: AI is transforming transaction security by using machine learning for real-time fraud detection and predictive analysis.…
-
How do Digital Payments Impact Small Businesses?
Read More »: How do Digital Payments Impact Small Businesses?Digital payments are fundamentally transforming small business operations by improving efficiency and financial management. According to the content, these impacts include: Faster Cash Flow: Small businesses benefit from next-day deposits and instant transfers (such as Pay by Bank), allowing owners…
-
What are Emerging Digital Payment Technologies?
Read More »: What are Emerging Digital Payment Technologies?Emerging digital payment technologies for 2025 focus on enhancing security, speed, and the overall customer experience. Key innovations include: Contactless and Mobile Technologies: Near Field Communication (NFC) continues to grow, supporting quick-tap payments through mobile wallets like Apple Pay and…

