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:
Knowing that businesses have unique business demands, it is rational they avoid going for an all-in-one, ideal software. Nonetheless, it is difficult to try to discover such a software system even among sought-after software products. The reasonable thing to undertake would be to tabulate the several essential factors which demand research like key features, price plans, technical skill aptitude of staff, company size, etc. The second step is, you should conduct the product research thoroughly. Read these SurchX evaluations and scrutinize the other software options in your shortlist in detail. Such detailed product research makes sure you weed out unfit apps and subscribe to the system which offers all the benefits your business requires.
Position of SurchX in our main categories:
SurchX is one of the top 500 eCommerce Platforms products
If you are considering SurchX it may also be a good idea to check out other subcategories of eCommerce Platforms gathered in our base of B2B software reviews.
There are well-liked and widely used solutions in each software group. But are they automatically the best fit for your organization’s specific needs? A market-leading software product may have thousands of customers, but does it offer what you need? For this reason, do not blindly shell out for popular systems. Read at least a few SurchX eCommerce Platforms reviews and consider the factors that you desire in the software such as the price, main tools, available integrations etc. Then, shortlist a few apps that fit your requirements. Check out the free trials of these products, read online comments, get explanations from the maker, and do your homework meticulously. This exhaustive homework is certain to aid you select the finest software application for your firm’s special 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 know that when you choose to buy a eCommerce Platforms it’s crucial not only to learn how experts evaluate it in their reviews, but also to find out whether the actual people and businesses that bought these solutions are indeed happy with the service. Because of that need we’ve designer our behavior-based Customer Satisfaction Algorithm™ that aggregates customer reviews, comments and SurchX reviews across a vast array of social media sites. The data is then featured in a simple to understand way showing how many customers had positive and negative experience with SurchX. With that information at your disposal you will be equipped 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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