Govolution’s convenience/service fee pricing models enable merchants to implement
a “zero cost” electronic payment solution across the enterprise.
When applying a convenience/service fee pricing model, it is important to understand that credit card associations have rules governing the assessment of fees by merchants and third party vendors. Govolution strictly follows the requirements mandated by Visa, when the merchant accepts Visa credit or debit cards. If Visa is not accepted, MasterCard rules and regulations apply. Non-compliance with these requirements places both Govolution and the merchant at risk of card association penalties and fines.
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Choose from the following convenience/service fee processing options:
• Convenience/Service Fee Amount
• Dual Transaction Service Fee Model
• Single Transaction Convenience Fee Model