Leading The Way In Wholesale Payment Processing Solutions & POS System Sales & Integrations
Switch Today And Start Saving Thousands Annually. We Offer The Most Cost-Effective POS Solutions & Integrations On The Market.
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Full Suite Of POS Solutions & Wholesale Payment Processing To Help Bring More Money To Your Bottom Line Regardless Of Industry.
Is Your "Cash Discount" Or "Dual Pricing" Program NYS GBL 518 Compliant?
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NYS "Cash Discount" Compliance
As Of 2/11/2024 Merchants in New York State offering a cash discount must comply with NYS General Business Law Section 518. It is vital that the discount is clearly communicated to customers at the point of sale to ensure transparency. Adhering to this regulation promotes fair business practices and protects merchants from legal issues.
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What Can You Be Fined?
$500 Fine From NYS For 1st Offense Under NYS GBL 518
Once A Merchant Is Reported Card Brands Can/Will Impose A $1,000 To $150,000 Fine And The Merchant Can Lose Access To Offering The Credit Cards.
If Merchant Remains Out Of Compliance, Card Brand Can/Will Impose Fines Of Up To $25,000 A Month For Breach Of Terms Of Acceptance/Agreement.
Why Switch Payment Processing Companies? Our Statement Audit Will Pinpoint Exactly Where You Are Overpaying With Your Current Processor & Eliminate Unnecessary Junk Fees Bringing More Money To Your Bottom Line.
Our Story of Innovation
We Cater To All Industries, Specializing In Hospitality, Retail, Automotive And Many High Risk Industries Such As Cannabis, Smoke & Vape, E-Commerce Gaming/Gambling, Liquor Stores.
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With rising inflation and the ever rising costs of doing business now more so than ever, small business owners need to be aware of where their hard earned dollars are being spent. We at Merchant Services Consultants are leading the way in making sure your processing rates are competitive and your payment program is compliant based on your location. Our expertise lies in providing wholesale payment solutions, seamless point of sale integrations, and performance-boosting upgrades. With a focus on retail, hospitality, e-commerce, and high-risk industries, our tailored services are designed to optimize your payment processes effectively. If you need a more current POS system we have a full suite of the hottest tech available to streamline and make your business more efficient.