Co-op City, Bronx Businesses Are Paying $6,000–$15,000 a Year in Processing Fees They Don't Have To.
With 55,000+ residents and high foot traffic at Co-op City Shopping Center and Bay Plaza, Co-op City merchants run some of the Bronx's highest transaction volumes. At 2.75%, a deli doing $20,000/month is handing $6,600/year to Visa and Mastercard. Scaler Pay's cash discount program brings that to $0. Card customers see a disclosed service fee at the terminal. Your revenue stays whole.
A Co-op City retailer processing $25,000/month at 2.75% pays $8,250/year in card fees. With Scaler Pay's cash discount program, that number is $0.
Estimates based on 2.75% average processing rate. Actual fees vary by card mix and current processor. Payment processing services provided through licensed processing partners.
A Co-op City business doing $25,000/month in card volume is paying $8,250–$10,500 a year to processors.
- 01Co-op City houses 55,000+ residents in 35 buildings — the largest cooperative housing development in the world. Businesses in Co-op City Shopping Center and Bay Plaza serve a dense, captive customer base that shops daily, generating steady high-volume card transaction activity year-round.
- 02At 2.75% average processing rates, a Co-op City restaurant doing $30,000/month pays $9,900/year in fees. A deli at $20,000/month pays $6,600/year. A hair salon at $12,000/month pays $3,960/year. Those are real margins lost to interchange, not unavoidable cost of business.
- 03Most Co-op City businesses are on legacy terminal contracts with bundled rates, monthly minimums, and PCI fees that stack on top of the per-swipe rate. The true all-in processing cost is often 10–15% higher than the headline rate.
- 04Zero-fee cash discount processing is legal in New York State under GBL §518 and in all 50 states. When both the cash price and card price are posted at entry and at the terminal, the compliance requirement is fully satisfied. Scaler Pay provides compliant dual-price signage with every terminal.
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Processing starts at $0 in fees from day one. Funds settle the next business day.
$0 processing fees on every card transaction — restaurants, delis, salons, and retailers.
- Zero processing fees on Visa, Mastercard, Discover, and Amex transactions.
- Compliant dual-price signage included — satisfies NY GBL §518 at point of entry and point of sale.
- Terminal ships pre-configured. Live in 3 business days. No on-site visit required.
- Works alongside your existing POS or as a standalone terminal.
- No contract. No setup fee. No monthly minimum.
- Next-business-day fund settlement.
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