Welcome to Prikl Pay

(201) 357-0083 18 Overlook Ave, Rochelle Park, NJ, 07662 info@priklpay.com

Visa Announces Crackdown on Surcharge Violations

*effective April 2022

 

  • Were you enrolled in a $0 fee program commonly known as cash discounting or surcharging?
  • Did your processor provide you with a card reader that prints a processing fee on the receipt?

    If you answered yes to any of these questions, its possible your merchant processor is noncompliant and you may be at risk of suspension or banning by Visa.

Visa’s Surcharge Crackdown

In a recent announcement to the card brand industry, Visa has launched a nation wide and started cracking down on noncompliant debit card surcharging practices. As most should know by now, any merchant applying surcharges on debit cards is in direct violation of the Durbin Amendment and Visa Product and Service Rules. Violators who remain noncompliant are subject to being suspended or banned from accepting Visa cards indefinitely.

An Easy Solution

Fortunately, merchants have the ability to take advantage of a simple alternative that allows them to quickly get compliant while still receiving the benefits of $0 fee processing. Prikl Pay solves this issue by providing turnkey solutions that are completely compliant with the policies of companies like Visa, MasterCard, etc. We incorporate a true cash discount for merchants, without adding hidden, troublesome, or noncompliant fees at the point of sale. Prikl Pay allows merchants to offset their processing fees in a fair and just way giving the consumer a better rate when they pay with cash.

 

penalty signs transparent Surcharge Compliance
writing scaled Surcharge Compliance

Visa’s Surcharge Crackdown

In a recent announcement to the card brand industry, Visa has launched a nation wide and started cracking down on noncompliant debit card surcharging practices. As most should know by now, any merchant applying surcharges on debit cards is in direct violation of the Durbin Amendment and Visa Product and Service Rules. Violators who remain noncompliant are subject to being suspended or banned from accepting Visa cards indefinitely.

penalty signs transparent Surcharge Compliance

An Easy Solution

Fortunately, merchants have the ability to take advantage of a simple alternative that allows them to quickly get compliant while still receiving the benefits of $0 fee processing. Prikl Pay solves this issue by providing turnkey solutions that are completely compliant with the policies of companies like Visa, MasterCard, etc. We incorporate a true cash discount for merchants, without adding hidden, troublesome, or noncompliant fees at the point of sale. Prikl Pay allows merchants to offset their processing fees in a fair and just way giving the consumer a better rate when they pay with cash.

pirkl shield transparent Surcharge Compliance

What is Prikl Pay

Is Prikl Pay a merchant processor? No

Is Prikl Pay a POS Company? No

Is Prikl Pay a middle man? No

Is Prikl Pay on your side? Yes

Prikl Pay defends merchants from the predatory practices of the merchant processing industry at no cost to you. We help small business avoid any headaches and pitfalls by making payment processing painless. Prikl Pay is processor agnostic and ensures that merchants are protected by only deal with our trusted network of prescreened merchants processors. You’ll never sign a contract with Prikl Pay; we sign merchants directly with the merchant processor. 

 

pirkl shield transparent Surcharge Compliance

What is Prikl Pay?

Is Prikl Pay a merchant processor? No

Is Prikl Pay a POS Company? No

Is Prikl Pay a middle man? No

Is Prikl Pay on your side? Yes

Prikl Pay defends merchants from the predatory practices of the merchant processing industry at no cost to you. We help small business avoid any headaches and pitfalls by making payment processing painless. Prikl Pay is processor agnostic and ensures that merchants are protected by only deal with our trusted network of prescreened merchants processors. You’ll never sign a contract with Prikl Pay; we sign merchants directly with the merchant processor.

Prikl Pay has you covered

Prikl Pay ensures that merchants receive 100 percent of every card sale, without worrying about unnecessarily provoking powerful companies like Visa. Both customers and merchants get what they want without being unfairly overcharged. Patrons have the incentive to pay with cash for a better rate or use a card avoiding a surcharge completely. Prikl Pay offers a solution both consumers and merchants can celebrate.

 

high five scaled Surcharge Compliance
Circle

Prikl Pay has you covered

Prikl Pay ensures that merchants receive 100 percent of every card sale, without worrying about unnecessarily provoking powerful companies like Visa. Both customers and merchants get what they want without being unfairly overcharged. Patrons have the incentive to pay with cash for a better rate or use a card avoiding a surcharge completely. Prikl Pay offers a solution both consumers and merchants can celebrate.

 

high five scaled Surcharge Compliance
Circle