Yes, absolutely. PayCompass’s systems support NFC technology, allowing you to accept contactless payments from digital wallets like Apple Pay, Google Pay, and Samsung Pay. This ensures your customers have a convenient and modern payment experience, right alongside traditional card payments. We understand that this is a vital part of modern retail merchant services.
Of course, understanding the costs that come with payment processing is equally crucial for maintaining a healthy bottom line for any retail business. While fees can vary based on things like transaction volume and risk, here’s a look at the standard charges you’ll see across the board with digital wallets and in-store purchases:
Transaction Fees: A percentage applied to each successful transaction, which may vary depending on the type of card used
Authorization Fees: A small, flat fee that’s charged for each authorization request.
Monthly Fees: No monthly fees with a PayCompass retail merchant account!
Chargeback Fees: Costs that come up when a customer disputes a transaction.
At PayCompass, we’re on a mission to provide clear pricing at low rates – we’re cost-effective and aligned with your retail business goals. We’re here to make sure that you can offer your customers modern payment options they expect, without unexpected costs on your end.