Ever wonder who is paying for all those miles you earn on your credit cards?  The surprising answer, is merchants like you!

Every year we attend industry educational events to keep Skurla’s current with technology trends and payments, but also to be able share that information on to our customers.  This year, we were able to attend major events, and one of the biggest topics was NCA (Non-Cash Adjustment).  For those that may not be familiar with this, it’s a program where merchants save up to 99% of their credit card processing expenses by passing along a small fee (3.99%) to their customers who pay with credit cards.  It also rewards their customers who pay in cash as they don’t have to pay this fee.   

Why has this been such a big deal?  The pandemic hasn’t been kind to many businesses to say the least.  Labor and inventory shortages, price increases, and cost of doing business have all been major factors that have forced business to look at their bottom line and some are barely getting by.  NCA is a solution that can have a serious positive impact.  The savings calculation is simple - look at the fees on your credit card statement and that’s money that you’ll likely save.  For a small merchant who pays $2,000 a month in fees, that’s a savings $24,000 a year!