$120K Average Annual Savings With the self-serve portal. Read more.
100% Automated Cash Posting For all payments made via the portal. Read more.
100% Lockbox Fee Eliminated
By increasing electronic payment adoption. Read more.
Frequently Asked Questions
What is Surcharge Management?
Surcharge Management lowers costs, ensures compliance, and supports surcharging across 40+ processors, efficiently offsetting merchant card acceptance fees while providing comprehensive transaction coverage.
What are the benefits of Surcharge Management?
Surcharge Management lowers credit card processing costs by up to 90%, complies with global regulations, and offers customizable reports for detailed analysis, ensuring efficient and compliant payment processing.
How does Surcharge Management lower credit card payment costs?
Surcharge Management provides 100% transaction coverage, assessing eligibility and processing payments compliantly across multiple providers, ensuring comprehensive and compliant surcharge management.
What are the best features of Surcharge Management?
Surcharge Management ensures compliance, streamlines processing, and offers detailed analysis, facilitating efficient surcharge management for businesses, enhancing operational efficiency and financial transparency.
What types of payments are supported by the Surcharge Software?
HighRadius supports all major payment types for invoices, including credit and debit cards, bank transfers, ACH transfers, SEPA payments, and alternate methods. This enhances flexibility and security for invoice processing, ensuring seamless and secure transactions across various payment methods.
Can the software automatically calculate surcharges based on transaction amounts? Is it real-time?
Yes,Surcharge Management tool calculates and displays surcharge fees in real-time, configurable to business preferences and compliance standards, ensuring accurate and compliant surcharge calculation for every transaction.
How much time does it take to implement Surcharge Management?
Surcharge Management ensures swift implementation and ROI realization within 3 to 6 months, maintaining data security and compliance, enabling businesses to quickly leverage the benefits of surcharge management.
How does Surcharge Management Software handle data security and privacy?
It prioritizes data security, adhering to stringent industry standards standards such as GDPR, ISO, PCI DSS, HIPAA, and SOC, to ensure confidentiality and compliance with regulatory requirements, safeguarding sensitive financial data effectively.
