FINALLY: A method that provides 0% processing-fee credit card transactions

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How much money can I make with Merchant Driven?

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How much money can I make with Merchant Driven?

Short answer: A lot, depending on your money management skills. Allow us to answer this in an analogy. Think about compound interest for a moment and what it would mean to your business if you passed on 3% of every product you sell through the purchase of a credit or debit card. The formula for annual compound interest, including principal sum, is:A = P (1 + r/n) (nt).
Where:
A = the future value of the investment/loan, including interest
P = the principal investment amount (the initial sales amount t)
r = the interest rate (that our services allow you to pass that cost on the consumer (average is 3% of the purchase (decimal)
n = the number of times that interest is compounded per year
t = the number of years the money is invested (how many years your business plans on using money efficiently)

End State: Most likely you, the merchant, pay your current merchant services provider well over 3% for processing debit/credit cards, plus hidden fees, plus high markups on terminals (which we do not markup). Merchant Driven’s solutions eliminate the merchant’s processing interest-rates by passing the 3%(ish) fee to your customer/client.

Here is a simple example:
A customer buys a product / solution from your awesome establishment for $10.00.
They use a card to pay and we will assume there is ONLY a 3% fee your current merchant provider charges you PER TRANSACTION!
So now you really sold your product for $9.70.

Merchant Driven solution example:
A customer buys a product / solution from your awesome establishment for $10.00.
They use a card to pay. Here is where it you make money: Just like at Costco, Walmart, Home Depot and other establishments that use this product, When the card is swiped, the customer will be asked if they want to pay the 3% convenience fee. They agree. You now actualize the $10.00, NOT $9.70.

Biggest fear we hear BEFORE merchants switch to our service:
I am scared that I will lose customers. We have found that is not really the case. If you want, lower your price of $10.00 to $9.70 Then your customer is actually paying $9.99.
Once we on-board merchants, they almost never lower their price. I hope I can still use the words “almost never”.

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