Welcome to Prikl Pay

(888) 281-0088 18 Overlook Ave, Rochelle Park, NJ, 07662 info@priklpay.com


If you have an idea, we would love to hear about it.

General FAQs

Regardless of what type of business you’re running, be it a retail location or a restaurant, we will help you find the right payment processing solution.
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How long does the approval process take?
Once your application is complete, the processing time is usually 24 hours or less, especially if we receive your application before noon EST. If approved, we will ship your terminal equipment or software promptly.
How soon will I get my money after the transaction is processed?
Visa, MasterCard, and Discover transactions are deposited next business day depending on the type of business
Do I need a business license to obtain a merchant account?
You do not necessarily need to have a business license if you can provide a different acceptable documentation item that is required. These items vary depending upon the level of risk associated with your business.
Do I need a business checking account to obtain a merchant account?
You only need a business checking account if your business is set up as a corporation. If it is a sole proprietorship, you may use a personal checking account or a business checking account.
Do I need to have an American Express or Discover account before I apply?
No, you do not. We can do all this for you.
What is the discount rate?
The discount rate is the fee that a merchant pays to the acquirer for processing services that enable the merchant to accept bankcards as payment. Our discount rates are extremely competitive. If we can’t beat you current rate, Slice will give you a $100 gift card.
What is Interchange Fee?
A fee paid by an acquirer to an issuer for transactions entered into interchange. The interchange fee is a percentage applied, according to Visa/MasterCard regulations, to the dollar value of each transaction. There are multiple categories of interchange, and Visa and MasterCard each have their own criteria for their own categories. A transaction must meet the specified criteria for a category in order for that category’s rate to be applied. Each transaction is evaluated individually, so various interchange rates may apply within one batch of merchant transactions.
What is NPF?
The Visa Network Participation Fee / Fixed Acquirer Network Fee applies to all settled (batched out) U.S issued Visa credit card and Visa debit card transactions processed by a U.S. based merchant.
The fee will be billed on one line item and one amount on the merchant’s month end statement with a descriptor of “Visa NPF” for TSYS merchants.
The fee amount will vary from merchant to merchant and is calculated by Visa based on a number of factors including:

  • Number of Tax ID’s
  • Card Present vs. Card Not Present
  • Merchant Category Codes (MCC)
  • Number of Locations
  • Visa Gross Monthly Sales Volume

If a merchant does not process any Visa cards during the month, a minimum fee of $3.00 is still charged to the merchant.

Do I have to be PCI compliant?
Yes. Anyone who accepts credit card payments needs to comply with PCI-DSS rules.
What are the charges for PCI compliance?
When you have a merchant account with us, we provide free PCI compliance validation.
What is the Slice Cash Discount Program?
The Prikl Cash Discount Program is a way for you the merchant to offset your merchant service fees without increasing your overall rates. It is a method of passing a service fee to all customers while giving a discount to those who pay with cash.
What kind of businesses can use Prikl?
Just about any business that accepts credit cards can benefit from Prikl. From auto repair shops and daycare centers to retail establishments and professionals like doctors, lawyers, dentists and accountants, Prikl can put more money in your pocket every month — a lot of it!
What do I need to get started with Prikl?
This is the fun part. We’ll send you everything you need in one handy package. You’ll receive a payment terminal, along with signage for your front door and terminal area explaining the discount for cash-paying customers. You’ll also receive free training, as will your sales staff. You’ll also receive a great gift while supplies last.
OK, I really like the idea of Prikl. What do I do now?
Just give us a call and one of our representatives will help you get started. Unfortunately, our representatives are unable to accept really expensive gifts, so a simple “Thanks for your help!” will suffice.
Welcome to the Prikl family of smart merchants who are saving money every day!
What if I don't like the Cash Discount Program?
We have a 100% satisfaction guarantee. If for any reason you want to stop using Cash Discount Program, we will immediately change you back to traditional interchange pricing. We got you covered!
What are my customers going to say?
Recent study states that 80% of consumers wouldn’t think twice about the service fee 39 cents on a $10 purchase for the convenience of using their credit card rather than carrying cash. Everyone has also fell accustomed to the standard $2-$5 ATM fees and whats great is the Prikl Cash Discount Program is actually cheaper than those ATM fees. The Prikl Cash Discount Program is a way for you the merchant to keep your standards and quality up without having to raise prices, most of your consumers will understand and be ok with it.
Who else is using the Cash Discount Program?
Prikl is new, yet thousands of merchants are already using Prikl, and more are signing on every day. Gas stations have been using this program in the US for over 15 years. In addition, many national, state and local governments like the DMV, IRS, Post Offices, Schools and Courts use the cash discount program and new federal regulations now allow merchants to reclaim their fair share of processing fees.
Do I need to get a PhD to figure this out and set it up?
Not at all. We’ve made Prikl incredibly easy to order, set up and manage. If you have any questions, just give us a call and one of our super-smart (and very friendly) tech people we mentioned earlier will help you with any questions or concerns.
Is it legal to offer a Cash Discount?
As Mitchell Katz, spokesman for the Federal Trade Commission, said in May 2011, “The Dodd-Frank Law prohibits a payment card network such as Visa from inhibiting the ability to provide a discount for payment by cash, checks, debit cards or credit cards… neither surcharging nor cash discounting is illegal.”
Is there anything you can show me to say that it's legal?
From NBCNews.com…
Visa, MasterCard in $7.3 billion settlement over credit card fees.
Plaintiff’s attorney Martin Lueck, chairman of the executive board of Robins, Kaplan, said the allowed “surcharge” is actually a pro-consumer provision of the settlement. “Really it’s a discount that the merchants are now allowed to offer for the less expensive form of payments,” he said. He also said merchants would for the first time be allowed to disclose how much it costs them to accept credit cards.
– Genaro C.Armas, Associated Press; Geoff Mulvihill, Associated Press; Mark Scolforo, Associated Press
From the Washington Post…
Judge Approves Visa, Mastercard $5.7 billion settlement with retailers.
“It will reduce the fees and overall prices that consumers pay, which is good for merchants and consumers,” said Patrick J. Coughlin, one of the merchants’ attorneys and senior trial counsel at Robbins Geller, Rudman & Dowd. “There will be more transparency in the pricing.”
– Danielle Douglas
Is this the same as a surcharge?
This is not a credit or debit card surcharge program which is not allowed in several states. Prikl provides you with a technology that allows you to offer discounts to its customers who chose to pay using cash or check which is allowed in all states.

Cash Discount FAQs

Regardless of what type of business you’re running, be it a retail location or a restaurant, we will help you find the right payment processing solution.
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Credit Surcharge FAQs

Regardless of what type of business you’re running, be it a retail location or a restaurant, we will help you find the right payment processing solution.
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What is a surcharge?
A surcharge, also known as a checkout fee, is an additional fee that a merchant adds to a consumer’s bill when he or she uses a credit card for payment.
It’s too good to be true! How can I accept credit and debit cards at my business without paying high merchant fees?
The simplest and quickest way to do so is contact us and we will provide you with all the necessary tools to start saving money today.
It is illegal and my bank will shut me down for not paying credit card fees.
As a result of a legal settlement to resolve claims brought by a group of U.S. merchants, merchants in the U.S. and U.S. territories may add a surcharge to certain credit card transactions, starting January 27, 2013. Your may choose to choose to surcharge by following all the requirements agreed to as part of the settlemen
Majority of my customers prefer to pay with cash.
There is no surcharge on cash payments. As a business owner, you can offer incentive and encourage your customers to pay by alternative methods.
I don’t want to surcharge my customers.
Most customers are already paying for the convenience of paying higher prices to use cards and even alternative methods of payment. Prime examples are Gas Stations, Municipalities and Education facilities, and ATM’s. These are prime examples of goods and services sold at various businesses going up in price without merchants having to pay for them. Keep the money and use it to expand your business and improve your bottom line!
Can’t I surcharge myself?
Complex calculations and credit card equipment issues may cause delays and frustration from your customers. Surcharging is also explicitly defined in Visa/Mastercard rules and guidelines, violation of these rules may result in fines and closure of your merchant account.
I want to let my customers know about the surcharge before they check out. I don’t want them to be caught by surprise.
Once enrolled in Credit surcharge program, we will provide you with the signage to be displayed at your business location.
We will also provide you with the terminal that displays the surcharge on the receipt.
Is there a limitation on how much I can surcharge?
Retailers must limit the amount of the surcharge to the merchant discount rate for the credit card transaction surcharged, or 4%, whichever is lower.
Can any business do it?
Yes. Any merchant in 42 out of 50 States may elect to a surcharge by following all the requirements set by credit card networks. Merchants may not Surcharge if they are located in any one of these 8 states: Colorado, Connecticut, Kansas, Maine, Massachusetts, New York, Oklahoma and Texas
What can I surcharge?
My type of business handles a lot of returns and occasional chargebacks. It sounds very complicated with the surcharge.
What can I surcharge?
Surcharging applies only to credit transactions in the U.S. and U.S. territories. Debit and prepaid cannot be surcharged.
My type of business handles a lot of returns and occasional chargebacks. It sounds very complicated with the surcharge.
MerchantSurcharge makes it very simple. On a chargeback or a return the purchase amount plus the surcharge will be credited to the cardholder. Insert the chip as usual and our compliant terminal will do all the work for you.
How can I qualify for a Business Loan or a Business Cash Advance?
Prikl is not a bank! This allows us to look at the unique financial situation of each of our clients rather than trying to fit each merchant into a pre-existing set of pre-qualifying criteria. At Prikl we believe that each merchant has unique needs and qualifying for loans or advances should be based on these unique needs. Contact one of our knowledgeable sales or customer services representatives to determine what type of financial help Slice can offer to your business.
Will my credit score affect my ability to obtain a Business Loan?
Although your credit score is one of the factors considered, it is not the only or even the predominant factor considered in determining your eligibility for business loan. Contact one of our sales representatives to discuss your businesses unique needs and how we can help you obtain a business loan.
Are there any personal guarantees involved in a Business Cash Advance?
There are absolutely no personal guarantees given for a business cash advance. The money which is advanced to the merchant is advanced against future credit card transaction.

Business Financing FAQs

Regardless of what type of business you’re running, be it a retail location or a restaurant, we will help you find the right payment processing solution.
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Do you have any questions