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CAKE Payments is designed to simplify credit card processing for your business with clear pricing and user-friendly features. Here's what you need to know:
1. Transparent Pricing
- No fixed costs or monthly fees, making it straightforward for your budget.
- Competitive standard transaction fees.
2. Other Fees
- $20 per chargeback.
- $3 for payout failure or notice of change.
3. Benefits for Visa, Mastercard, and Discover
- No hidden fees.
- No monthly fees.
- No refund fees.
- No inactivity fees.
4. Key Advantages
- Easy Setup: No complicated paperwork; fill out your details online to start accepting payments.
- Effortless Transaction Management: Handle credit card transactions directly through your POS, eliminating the need for an external card processor.
- Pay-As-You-Go: No monthly or fixed payment fees; you only pay when processing payments.
- Online Orders: Sign up for POS credit card processing and start accepting credit cards for online orders.
- Free ACH Deposits: CAKE never charges to deposit funds into your account.
- Smart Chargeback Assistance: Manage chargebacks easily with CAKE's user-friendly process.
- Funding Options: Choose the funding schedule that suits your business, receive funds in 2 business days (standard funding), or upgrade for accelerated next-day funding: CAKE Payments Funding Schedules
CAKE Payments aims to make credit card processing hassle-free, allowing you to focus on running your business seamlessly.
Check out our guide on CAKE Payments Onboarding for easy step-by-step instructions: CAKE Payments Onboarding
