HomePayment SolutionsTiered vs Dual Pricing
Pricing models explained
Tiered vs dual pricing
This page explains how tiered pricing and dual pricing work. Which one fits depends on your business’s sales, how it takes payments, and your state’s rules.
Edge is a dual-price program: you post both prices, cash and card, everywhere you post prices, following the rules in your state.
The first model
How tiered pricing works
The processor sorts card sales into tiers, often called qualified, mid-qualified and non-qualified, each with its own rate.
Which tier a sale lands in depends on the card and how it was taken, so a tiered statement can take more reading.
The second model
How dual pricing with Edge works
With dual pricing, the business posts two prices, cash and card, everywhere it posts prices, following its state’s rules.
Customers see both prices before they pay.
How Edge works
Edge is a dual-price program
Edge is a dual-price program: you post both prices, cash and card, everywhere you post prices, following the rules in your state.
What Edge is
Edge is a unique program that supports a dual-price model for all goods and services, allowing businesses to experience the same profit margins on all transactions.
Know the rules before you sign
The rules on posting two prices come from your state and from the card brands, and they are not the same everywhere. Before you sign, we walk you through what your state and the card brands publish. We are not a law firm, and whether a rule applies to your business is your decision.
Approval and your software plan
You still have to be approved. Your rate is set when your application is underwritten. Edge runs on a monthly software plan, due whether your device is placed or bought. Call us for the current monthly software plan price before you apply.
Next step
Questions about which model fits?
Call us and we will walk through how each model would work for your business and which rules apply where you are. Call us for the current monthly software plan price before you apply.
Talk it through first: call (888) 713-5175.