ALL CASH DISCOUNT MID'S ON VALOR TERMINALS WILL BE CONVERTED TO DUAL PRICING
All Swipe4Free/Cash Discount MID's on Valor terminals have been converted to Dual Pricing on Monday, March, 27th at 3:00 AM EST. This was done in order to comply with card brand rules and regulations. Signage to the consumer is not required for Dual Pricing.
NOTE: Any previous signage for cash discounting must be removed immediately from the merchant's location, as these programs are not being used and may result in a fine.
Dual Pricing programs don't have to adhere to surcharge rules. With Dual Pricing a merchant can still charge 4% on all card types including debit cards.
This allows you to truly maximize your merchant's monthly savings, while earning an average of 150+ basis points of profit.
Download the attached credit card sticker to use to cover/replace older non-compliant stickers. The sticker is an editable PDF where you can add your contact information. These stickers are also available in our Long Island City headquarters.