Credit Surcharge Integration with Core dna

Efficiently manage credit card fees with automated surcharge capabilities through Core dna's robust platform.

Feature Overview

For businesses processing credit card transactions, the challenge of managing the additional costs associated with these payments can be streamlined using the Credit Surcharge feature integrated into Core dna. This feature allows you to apply a surcharge to credit card transactions, ensuring that these additional processing fees don't erode your profits.

How Credit Surcharge Works with Core dna

Core dna provides an integrated solution allowing businesses to manage credit card fees effectively. The platform enables seamless application of surcharges on transactions processed via credit card. This functionality is easily configured through Core dna’s intuitive interface, where you can set specific surcharge rates based on transaction amounts or as a fixed fee. Additionally, these settings can be easily adapted to comply with regional or international regulations, providing flexibility and compliance for businesses operating in different markets.

Key Specifications

Practical Use Case

Consider a retail business that processes a significant number of credit card transactions. Previously, the business absorbed the processing fees, impacting its profit margins. By implementing the Credit Surcharge feature through Core dna, the business can automatically apply a designated surcharge rate specifically to credit card transactions. This not only recovers the processing costs but ensures the markup is compliant with legislative standards in each operating region.

Implementation Example

With Core dna, setting up the Credit Surcharge feature is straightforward. By navigating to the payment settings within the Core dna platform, a business can easily enable the surcharge option, select their preferred surcharge type (percentage or fixed), and apply it universally across their product catalog or selectively to various product groups. This flexibility allows the business to adapt to seasonal sales strategies while maintaining cost efficiency.