• Home News SurchX Brings Fully Compliant Surcharging to Magento Merchants

SurchX Brings Fully Compliant Surcharging to Magento Merchants

Posted 15 Oct-2019 03:19 AM by john | 1216

SurchX, an ISV that offers a compliant dynamic surcharging solution for card-not-present (CNP) transactions, announces that its SaaS integrated extension is now available for both Magento Commerce 1 and 2 users. Using SurchX, Magento card-not-present merchants can now easily and securely recover credit card processing fees by enabling a transaction fee at checkout. Current SurchX customers are already seeing significant returns.

SurchX's Certified Magento extension is the only extension in Magento's Extension Quality Program (EQP) that integrates with SurchX's SaaS Dynamic Surcharging Solution.

Customer testimonial: œIn the nascent and complex world of surcharging, SurchX has proven to be an educational and profitable partner. They've proven to be experts on compliance, diligent on their commitments and adept on matters of technology. Through using SurchX we continue to bolster our bottom line with no impact to our conversion rates. We wholeheartedly recommend both the SurchX solution as well as their proficient customer service. -- Magento customer.

A case study from this Magento customer can be seen here
SurchX accurately calculates the surcharge based on card type and jurisdiction. During checkout, SurchX instantly identifies the payment card in use, what the resulting fee for that card will be to the merchant, and how much the merchant can legally recoup by passing that total on to the customer. The fee is then added to the customer's total purchase price as an additional line item labeled œTransaction Fee in real time.

With climbing credit card processing fees averaging over 3% per transaction and an increasing number of credit card options for consumers, card-not-present merchants are often forced to choose between staying competitive and raising prices to cover the costs of processing credit cards. The SurchX EQP Certified extension for Magento returns control to U.S. ecommerce merchants, enabling them to lower their cost per transaction without impacting conversion rates, sacrificing service, or falling out of compliance and risking hefty fines.

For businesses with tight margins, savings from SurchX can return as much as 30% of a merchant's net margin back to their bottom line. Prior to SurchX, there was no way for companies to recover losses from credit card processing fees and be assured of compliance with the 60-plus jurisdictions that govern surcharging in the United States.

œOur promise is to take the compliance risk out of surcharging, said Robert Maynard, founder of SurchX. œOur positive reception from enterprise and mid-market merchants combined with Magento's community makes this a natural integration environment for us. We're proud to bring the power of SurchX to Magento users, helping them turn customer interactions into opportunities to improve margins.

Magento customers and their Software Integration Partners can download and install the SurchX extension from the Magento Marketplace.

About SurchX

SurchX is changing the profit game for retailers in the United States. We get every dollar allowed while keeping you in compliance. This can increase your net margin by 30%. Overnight. For free. Powered by proprietary technology, the company's free surcharging software uses a sophisticated algorithm to empower merchants to recover losses from interchange fees and boost their bottom lines. SurchX identifies card type and jurisdiction rules and then calculates the associated fees. With this information, SurchX seamlessly adds the transaction cost to the customer's invoice in a fraction of a second. No PCI compliance is necessary, and legal compliance with state and federal regulations is guaranteed.

Contact Information

Francine Hardaway


Magento Commerce, Sacrificing Service, Affordable Press Release Network, Low Cost Press Release Distribution Websites, Affordable Press Release Services, Cheap Press Release Distribution Site, Free Press Release Site

Company Information

Company Name Contact Person Contact Number Email Id Website Address
Wipro Limited 918028440011 shubham.webimax@gmail.com https://www.wipro.com

Other Bioscience Sector Related Press Release News

Web Development Services - Stand Out From the Crowd Free

Web Development is the work which is involved in the development of a web site for the Internet (World Wide Web) or an intranet (a private network). W...Read More

Rain Barrels Market: Global Industry Analysis and Opportunity Assessment, 2019 – 2025 Free

New Study On “Rain Barrels Market 2019 Global Technology, Development, Trends and Forecasts to 2025” Added to Wise Guy Reports DatabasePUNE , MAHA...Read More


Service-oriented business enterprises need to attend multi-tasking assignments, every time they get a call from their Customers, for trouble-shootin...Read More

What is cloud computing? And cloud computing example Free

Cloud computing is the delivery of on-demand computer services, from applications to storage and processing power, usually over the Internet and in ...Read More

Importance of Cloud Armor in Google Cloud Computing Free

Cloud Armor protect your network and infrastructure against denial of service attacks, monitor security and much more. Let's start with what Cloud A...Read More