New Parameters in Dual Pricing
With this update, ISOs can now give their merchants the option to:
- Apply a Dual Pricing fee to tips.
- Apply tax to the Dual Pricing fee.
Both options can be enabled/disabled from the “Edit Parameter” section of the iPOSpays portal. This is available for merchants who use CloudPOS and Gateway-powered payment terminals.
How to enable:
- Login to the iPOSpays portal using an ISO/Agent account.
- Click on S.T.E.A.M, then Edit Parameters.
- Search and select the TPN from the search box for which you wish to enable this feature.
- Click on Edit Parameter.
- Click on the “Fee” tab -> Enable/disable “Apply fee on tip” and “Apply tax on fee.”