Surcharge, Cash Discount and Cost Recovery Explained

Simply put, If you go to purchase something and the price goes up when you pull out your card instead of cash, that is a surcharge. A fee that is in addition to the posted price. Many businesses are now implementing these methods to recover fees from processing the cards by passing those fees in part to the customer.

Unity FI Acquires Leading Software Provider for Student Loan & Debt Industries: Payment Automation Network Inc. (PAN).

Unity FI Solutions, a trusted provider of tailored payment processing solutions, has acquired Payment Automation Network Inc. (PAN), a privately owned company based in Medford, Oregon. PAN stands out as a prominent nationwide leader in providing compliant software for payment processing in the Student Loan & Debt Industries.

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    CHARLOTTE, N.C., Aug. 17, 2020 (GLOBE NEWSWIRE) -- On August 13th INC. magazine revealed that Unity FI Solutions, a leading provider in the payment providing and software processing solutions industry, ranked for the third consecutive year in a row on its annual Inc. 5000 list, the most prestigious ranking of the nation’s fastest-growing private companies. […]
  • Unity FI Solutions Announces Partnership With 1Core Solution
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    CHARLOTTE, N.C., Jan. 16, 2020 (GLOBE NEWSWIRE) -- Unity FI Solutions, a leading provider of payment and software processing solutions, announced today a new partnership with the Charlotte Regional Visitors Authority (CRVA) and Bojangles’ Coliseum, further positioning itself as one of the nation’s premier financial technology partners for cutting-edge clients.
  • Unity FI Solutions Named One of America’s Fastest Growing Private Companies for Second Year in a Row
    CHARLOTTE, N.C., Aug. 26, 2019 (GLOBE NEWSWIRE) -- Unity FI Solutions, a leading provider of payment and software processing solutions, announced today they have been named to the Inc. 5000 annual list of Fastest Growing Private Companies for the second year in a row. Now in its 38th year, the list continues to set the […]
  • Unity FI Solutions Acquires Florida Based Money Transfer Systems, Inc.
    CHARLOTTE, N.C., Aug. 20, 2019 (GLOBE NEWSWIRE) -- Unity FI Solutions, a leading provider of payment and software processing solutions, announced today the acquisition of Money Transfer Systems, Inc., positioning itself as one of the nation’s premier electronic check recovery processors for financial institutions. 
  • Unity FI Solutions Supports 2019 Growth With Expanded Charlotte Team
    CHARLOTTE, N.C., March 01, 2019 (GLOBE NEWSWIRE) -- Unity FI Solutions, a leading provider of payment and software processing solutions, announced today further expansion of their Charlotte team to support their steady product and revenue growth. 2019 is shaping up to be another year of exciting announcements for the company as they expand into new […]
  • Unity FI Solutions Continues to Expand Charlotte Based Team
    CHARLOTTE, N.C., Oct. 05, 2018 (GLOBE NEWSWIRE) -- Unity FI Solutions, a leading provider of payment and software processing solutions, announced today the expansion of their Charlotte team designed to support their incredible year over year growth.
  • Unity Fi Solutions Named One of America’s Fastest Growing Private Companies for 2018
    CHARLOTTE, N.C., Sept. 05, 2018 (GLOBE NEWSWIRE) -- Unity FI Solutions, a leading provider of payment and software processing solutions, announced today they have been added to the Inc. 5000 annual list of Fastest Growing Private Companies. Now in its 37th year, the list has become one of the most reliable bellwethers of success across multiple […]
  • Unity FI Solutions Gets Smart With First Citizens Bank
    “Smart Returns” Product to Deliver Business and Commercial Efficiencies “Smart Returns” Product to Deliver Business and Commercial Efficiencies
  • Unity FI Solutions Expands Team Expertise in Charlotte
    CHARLOTTE, N.C., Dec. 01, 2017 (GLOBE NEWSWIRE) -- Unity FI Solutions, a leading provider of payment and software processing solutions, announced today the growth of their Charlotte team designed to support both operational and client expansion.

Groundbreaking Acquisition Optimizes Fund Collection & Distribution