SurchX is a surcharge solution that enables merchants to increase their profits by surcharging their customers and still retain or even grow their client base. Majority of the modern consumers use credit cards to pay for products and services and each transaction entails a credit card processing fee that is usually 3% of the actual price, which is paid by merchants to credit card companies. This burns a huge hole to the merchants’ revenue – up to 30% of their profit.
With SurchX, merchants recover operational losses due to processing fees from credit card companies by securely passing said fees to their customers. The software does this while adhering to compliance policies of 67 regulatory bodies in the United States.
When a customer pays via credit card, SurchX’s powerful API instantly immediately recognizes the credit card being used, the processing fee being charged, and how much of the fee can the merchant pass on to the customer as permitted by the law. SurchX then automatically adds the processing fee to the customer’s total purchase price.
Show MoreRecover Losses
SurchX presents merchants and retailers with a secure and legal way to recover their losses due to credit card processing fees. As many customers purchase products and pay for services using credit cards instead of cash, merchants have to shoulder the costs of credit card processing fees, which represents 30% of their annual profit.
With SurchX, you are able to pass on processing fees to your customers and recoup your losses. That means more profit for your business.
Completely Legal
Surcharging your customers is legal, although the amount you can pass on to your customers varies based on location, prevailing policies, and laws. SurchX is compliant with over 60 regulatory bodies and does all the calculating and charging.
The software automatically identifies the credit card of the buyer and the processing fees and instantly scours its database for policies and laws that apply to the said transaction. Based on its findings, SurchX then passes on the processing fee to the customer, the amount depending on what the law allows. You never have to worry about breaking any law with SurchX.
Consumers are okay with it
According to research, the vast majority of customers don’t mind paying the credit card processing fee whenever they transact using their credit cards. That means you don’t have to worry about losing customers if you start surcharging them.
Show MoreUse cases:
Keeping in mind companies have special business needs, it is only wise they avoid deciding on an all-in-one, “perfect” software product. At any rate, it is nearly futile to find such an app even among popular software solutions. The best thing to do can be to jot down the numerous vital factors which necessitate careful thought including major features, budget, skill competence of the users, company size, etc. Thereafter, you should double down on your research systematically. Browse over some of these SurchX analyses and scrutinize the other software programs in your list more closely. Such comprehensive research makes sure you stay away from unsuitable apps and choose the system that provides all the features your business requires.
Position of SurchX in our main categories:
SurchX is one of the top 500 eCommerce Platforms products
If you are interested in SurchX it could also be sensible to investigate other subcategories of eCommerce Platforms listed in our base of B2B software reviews.
There are popular and widely used systems in each software category. But are they necessarily the best fit for your enterprise’s unique needs? A popular software solution may have thousands of subscribers, but does it offer what you require? For this reason, do not blindly shell out for popular systems. Read at least a few SurchX eCommerce Platforms reviews and mull over the aspects that you desire in the software such as the price, main functionality, available integrations etc. Then, select a few apps that fit your requirements. Try out the free trials of these platforms, read online opinions, get clarifications from the seller, and do your homework thoroughly. This profound homework is sure to assist you choose the most excellent software solution for your company’s specific requirements.
SurchX Pricing Plans:
Free
SurchX Pricing Plans:
Free Trial
SurchX
Free
SurchX is free. It doesn’t offer enterprise pricing. In most cases, they don’t charge anything or they may add 0.5% to the transaction, depending on various situations. For more info, get in touch with the software vendor.
We realize that when you choose to purchase a eCommerce Platforms it’s important not only to find out how experts rank it in their reviews, but also to discover whether the real users and enterprises that bought this software are genuinely satisfied with the product. That’s why we’ve created our behavior-based Customer Satisfaction Algorithm™ that collects customer reviews, comments and SurchX reviews across a wide array of social media sites. The information is then featured in an easy to digest format indicating how many people had positive and negative experience with SurchX. With that information at hand you should be prepared to make an informed purchasing decision that you won’t regret.
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SurchX integrates with the following business systems and applications:
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