Helcim Introduces Zero-Cost Credit Card Processing for Small Businesses 

The debate to pass on credit card fees to consumers is a complicated decision for small business owners.

A recent study by CFIB discovered that nearly 20% of businesses are looking to surcharge their customers but navigating fee legislation can be a headache for an already busy small business owner.

Industry insights gave Calgary’s Helcim the idea to create a tool that easily allows merchants to navigate complicated legislation and lower their cost to accept payments. Enter Helcim Fee Saver. 

Designed to help small businesses reduce payment processing fees and easily navigate the often complicated rules around credit card surcharging and convenience fees, merchants now have the option to pass on a set fee to their customer’s billing when they choose to pay using credit cards.

Helcim has built a simplified tool that makes it easy for merchants to pass credit card fees onto their customers and benefit from zero cost credit card processing. 

“Small businesses are the backbone of the economy, and we’re always looking for ways to support them,” said Nic Beique, CEO of Helcim. “With Helcim Fee Saver, we’re offering a solution that helps small businesses further save money on payment processing fees, so they can focus on growing their business.”

With Helcim Fee Saver enabled, businesses can give their customers the choice between paying with a credit card or through an ACH payment directly from their bank account.

If customers choose the convenience of paying with a credit card, Helcim Fee Saver charges customers a fixed rate on top of their purchase, meaning the merchant themself does not incur any fees for processing that credit card. If the customer chooses to pay with ACH, the merchant only pays Helcim’s affordable ACH fee, which is significantly lower than typical credit card processing fees. 

Compared to other exclusive add-on fees, such as credit card surcharging and service fees, setting up Helcim Fee Saver is easier and can be done almost instantaneously through a simple toggle within Helcim’s settings. Once enabled, merchants have the option to enable Fee Saver on any individual invoices they send through Helcim’s platform.