How Axe is Helping the Retail Industry
Cigar stores, gas stations, boutiques, grocery and general merchandise have all made the transition to Axe Payments and none have looked back. What retailers have learned is that they can implement a cash discounting program without customer abrasion. Ask us how.
“Before Axe Payments I had a different merchant processor cold calling the boutique almost daily. They all had a better deal – a lower annual fee, lower processing rates, etc. We even switched once or twice. At the end of the day though, savings were negligible. That is, until Axe Payments came along. Nobody can compete with or beat zero fees. Their Cash Discounting Program is real, and I am loving it.“
– Ashley, Retail Boutique
Many of our retail partners are accessing the Axe Payments POS system and seeing the benefits it provides including strategic customization, powerful add on-tools and robust analytics.
Benefits of Program:
Every Axe Payments customer can look forward to these benefits.
- Significant Annual Savings
- Elimination of Credit Card Processing Fees
- Reduced Number of Chargebacks
- Next Day Funding
- Increased Revenue
What Is Included
Axe Payments has developed an exclusive (patented) technology, which eliminates a major portion of total card payment processing costs. The payment terminal software program for the Cash Discount is designed to encourage customers to pay by cash or gift card. As part of the regular standard list product pricing a small service charge (either a fixed amount or percentage) is applied to all sales. A discount is automatically applied when customers pay with cash or gift card. No discount is given when paying by debit card or credit card. The patented software automatically determines all discounts and actions based on payment type.
Axe Payments built a secure Level 1 PCI Compliant cloud-based payment gateway for businesses transactions from a variety of different devices, anywhere in the United States. We aim to create a suite of payment industry tools with a business centric approach in mind. It’s time to simplify the complexity of payment gateways and payments industry.
Support available 24/7/365
Dashboard Analytics and reporting are provided to Axe Payments merchants monthly and on demand. Oversee every aspect of your company’s performance: sales, authorizations, and refunds. Limit the number of places used to measure your business. Detect trends and take the guesswork out of your business all in ONE PLACE!
The costly effects of chargebacks hinder your revenue and cause hours of work. Axe Payments will help you to take care of disputes, automate your response to retrieval requests, help fight back against friendly fraud, and recover lost revenue fast.
Watchdog is a fraud management tool used to set rules and filters to zero in on preventing and detecting suspicious transactions. Transactions can be declined/approved pre and post authorization. This fraud deterring tool (Watchdog™) is used for its extensive reporting capabilities, while giving the merchants a simple, fast and effective way to view all of their transactions in one place.
Watchdog is one of the first payment tools to use a machine learning algorithm. Innovative and ahead of its time, models are exposed to new data, while independently adapting to the data as it comes in. More Data = More Security. The most important part of combating fraud is DETERENCE. Monitor your transactions today with WatchDog™!