Shape payment behavior with rewards
In a recent Justice Department consent decree, Visa and MasterCard have agreed to allow merchants greater flexibility to steer their customer’s payment choice. Now merchants may offer discounts for lower-cost cards or other forms of payment like ACH!
- Offer consumers an immediate discount or rebate or a free or discounted product or service for using a particular credit card network, low-cost card within that network or other form of payment;
- Express a preference for the use of a particular credit card network, low-cost card within that network or other form of payment;
- Promote a particular credit card network, low-cost card within that network or other form of payment through posted information or other communications to consumers;
- Communicate to consumers the cost incurred by the merchant when a consumer uses a particular credit card network, type of card within that network, or other form of payment.
Steer client payment choices by rewarding them with Vantage Points Rewards
ACH payments can provide substantial savings over credit card fees. Use Vantage Points Rewards to steer your customers to lower cost eCheck and ACH payment choices. It’s easy. You issue Vantage Points as your reward currency and your customers can shop at http://www.vantagecardservices.com redeeming their reward points at nearly 200 reward partners.
You design the program, set the rules, and award the points. Vantage handles reward fulfillment services and shipping. And we do it all for less than a penny per point depending on the number of points you need.
It’s that simple.