We address all technical and compliance challenges of the surcharging process.
A client initiates a communication to the Monex API. Card processing costs are evaluated in real-time, determining eligibility and scope of levies, and returns the appropriate cardholder percentage.
Monex API solution can assist clients to recuperate $1.1million in transaction processing costs, based on an annual cardholder payment throughput of $500million.
In jurisdictions where specific local laws prevail, the Monex service includes an initial compliance review and ongoing legislation monitoring, with adjustments to the charging mechanism and system logic if required.
Contact us to learn how we can generate extra revenue for your business using our Cost Recovery solutions.