As a leader in payment solutions and innovator for almost a decade, Nationwide Merchant Solutions caters to many industry niches. Noble Exchange/Intelligent Rate is an easy-to-implement solution aimed at educational facilities, utility providers and municipalities.
The primary advantage of this product stems from the fact that it makes it easier for you to incentivize customers to choose the lowest priced form of payment. In turn, you can cut down on the costs associated with processing the payments you receive.
What is Noble Exchange?
Designed by a team with over 100 years of experience in payment processing solutions, Noble Exchange is a tool that calculates the costs of using a certain card in real time. Considering that different cards have distinct inherent costs, Noble Exchange helps your customer determine the fees associated with each one of them. To be more precise, you can:
- Automatically determine rates based on the credit card used
- Reduce transaction costs (to zero in some situations)
- Pass on the real cost of card acceptance
In addition, it identifies and displays the various discounts and rewards clients can earn by choosing to pay with a certain credit card. While your customers can now select the lower-cost payment option, you can improve the margin profit on each sale you make. It’s a win-win situation!
Advantages of Noble Exchange
Thanks to our years of experience, we know that customer satisfaction is paramount to a business’s success and profitability. Instead of passing the processing fees to the cardholders, our solution helps your customers make an educated decision and select a payment method they can actually benefit from.
By integrating Noble Exchange in your operations, you stand to gain the following advantages:
- You can apply instant discounts and provide reduced sales prices
- You can share the savings with your clients, resulting in a higher customer satisfaction
- You can recommend payment choices that send the greatest dollar value to the cause
- You can create loyalty programs that will not affect your margin profit
- You can adjust the fees that are directly proportional to the cost of each transaction
- You can surcharge credit cards and exclude debit cards
The security of transactions is guaranteed
Given Noble Exchange’s roles, it’s only natural that you are curious about its security features. We are proud to announce that this breakthrough cost calculator is the first platform in the US that complies with the new surcharge rules. Ensuring the highest level of data security, Noble Exchange also has the PCI service Level 1 certification.
Contact Nationwide Merchant Solutions today if you would like to know more about how Noble Exchange/Intelligent Rate can be utilized to aid your payment processes for your business.