The card brands’ interchange fees have gone up by almost 85% since 2012. At the same time, due to a confluence of factors, businesses are receiving fewer cash payments every quarter. For the average retail business processing fees are at all time highs and poised to dramatically increase as costs continue to rise in an inflationary environment.

KV Payments eliminates processing fees through Dual-Pricing. We also reduce overall point-of-sale and gateway exposure to a very low, fixed monthly cost while upgrading the payments POSture of the business by leveraging the latest technology.

Our philosophy is that business owners should not have to pay for processing card revenue. While it is sometimes difficult to achieve a net-zero outcome, our aim is to keep net processing fees below $100 monthly per mid in almost all cases. As such we are evangelists of the Dual Pricing model which allows owners and operators to offset up to the entirety of all card processing costs and substantially reduce equipment costs as well. We believe that in 5 years or less, more than 40% of retail businesses in the US will operate on some form of the Dual Pricing model with full transparency.

To take advantage of the recessionary environment and create win-win-wins, we have set up strategic partnerships with software companies whose philosophy aligns with ours. 

While 97% of our current retail businesses utilize some form of Dual Pricing, the remaining 3% of our clientele are high-volume businesses that are still somewhat uncomfortable with higher card prices, we have traditional IC+ or Cost+ pricing. Our rates remain steady even as the card brands continue to increase their fees. Please contact us for a custom quote today.