Hey roofing company owners! Let’s talk about a quick way to stop losing thousands of dollars each year to credit card processing fees. If you’re tired of watching those fees add up on every big job, then stick with me—I’ll show you some simple payment options that can save you a ton of money and keep more of your profits in your business.
Why It’s Important
Roofing projects often involve high-ticket transactions, which means every little percentage on those fees really adds up. For a $10,000 job, a 3.5% processing fee could cost you $350. That’s money that could be going toward your business instead of the payment processor’s pocket.”
Option 1: Dual Pricing
One of the best ways to save is through dual pricing, which allows you to add a small percentage fee, anywhere from 3% to 4%, to completely cover all payment processing costs. Here’s how it works: customers pay that small added fee if they choose to use a credit card, while cash is discounted. This way, you’re covering all of your costs without cutting into your profits. We’ve set this up for several roofing clients, and it’s saved them thousands each year. It’s a simple, transparent way to protect your margins on every job.
Option 2: B2B Rate Reduction Program
Now, if dual pricing isn’t your style, there’s another option. With our automatic B2B rate reduction program, you can save ¾ to 1% on processing fees by taking advantage of lower interchange rates on business, corporate and government cards for those commercial jobs. When you process payments for these cards, our system automatically adds extra details like sales tax, SIC codes, or VAT tax. This added information reduces the risk level and qualifies the transaction for lower rates, cutting down fees up to 1% on every transaction! So, you’re saving money just by letting our system work behind the scenes!
With these options, roofing companies can easily save thousands every year. Whether you’re passing fees to customers through dual pricing or lowering rates with our B2B program, these solutions are designed to fit your business and protect your profits.
Want to learn more about how we can set this up for you? Give me, Gingergaye, a call at Electronic Money Company at 505-362-0837, or visit our website to schedule a free consultation. Let’s help you keep more of what you earn!
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