Credit Card

Tired of Switching Credit Card processors because of constant rate changes and unexpected fees?

Many restaurants and small retailers switch their credit card processors every few years because of rate hikes and unexpected fees. Meanwhile, Visa, Mastercard, and American Express maintain consistent pricing. In an effort to provide a more stable environment for our customers, Palm Beach Cuisine has partnered with a local company that offers truly competitive card processing rates with no hidden fees and exceptional service, and most importantly, they provide lifetime rate guarantees. The rate you agree to on your first day is the rate you'll pay for life.

Why The Rate Increase?

If you own a business that accepts credit cards, you can expect to see incremental rate increases after a short period of working with a new processor. Why does this happen? Visa and Mastercard update their interchange rates twice a year, which affects credit card processing fees. While these interchange rate changes can fluctuate slightly, they typically do not account for the significant increases reflected on your statements. So, what's the reason behind these rising costs?

The credit card industry has become one of the most competitive sectors in the world. Numerous independent sales organizations are vying to sell credit card processing services, all eager to participate in this lucrative market. As a result, businesses often receive a flood of unrealistic processing quotes from competing companies, knowing full well that the rates they provide are not sustainable. This phenomenon is commonly referred to as "low-ball pricing."

Best Surcharge Programs

As more businesses adopt surcharge programs, the practice of passing credit card fees onto customers is becoming increasingly acceptable. This is particularly the case when business owners take the time to explain how this process helps maintain stable menu pricing. Customers are aware that food costs aren’t the only expenses that rise. When customers can rely on consistent pricing for their meals, they are generally more willing to accept a surcharge.

We believe that the most significant benefit a surcharge program can provide to business owners, in addition to virtually eliminating credit card processing fees, is the simplification it brings. By eliminating the need to track card processing fees, business owners can save valuable time that can be better spent on daily operations.

Palm Beach Cuisine has been offering e-Commerce solutions for several years. In an effort to control the pricing for credit card processing and offer greater support to our restaurants and retail customers, we recently partnered with Jupiter Payments, which has, for more than a decade, offered its customers "Life Long Rate Guarantees" on processing fees, as well as impeccable service.