Do I have to pay transaction fees?

POS Transaction Fees Explained: What You Need to Know

No, Triniteq does not charge any transaction fees. Our POS software architecture is specifically designed to operate without transaction-based charges, and we guarantee this will never change.

Understanding POS Transaction Fee Models

What Are POS Transaction Fees?

Transaction fees are charges applied by some POS providers for each sale processed through their system. These fees typically range from 0.5% to 3% per transaction and can significantly impact your profit margins.

Common Transaction Fee Structures in the Industry

Percentage-Based Fees

1-3% of each transaction value
Applied to all payment types (cash, card, digital)
Can cost businesses thousands annually

Per-Transaction Fees

Fixed amount per sale (e.g., $0.10-$0.50)
Applied regardless of transaction size
Particularly costly for high-volume, low-value sales

Hybrid Models

Combination of percentage and fixed fees
Often the most expensive option for businesses

Why Triniteq Never Charges Transaction Fees

Our Software Architecture Philosophy

Built for independence: Our POS system is designed as a complete software solution, not a payment processing intermediary. This fundamental architecture means:

No transaction monitoring required
No payment flow interception
Complete pricing transparency
Predictable monthly costs

Business Benefits of Zero Transaction Fees

Cost Predictability

Fixed monthly subscription costs
No surprise charges during busy periods
Easy budgeting and financial planning
Better profit margin protection

Scalability Without Penalty

Grow your business without increasing POS costs
No disincentive to process more transactions
Ideal for high-volume businesses
Perfect for seasonal business fluctuations

Payment Processor Freedom

You choose your payment processor
Negotiate better rates with multiple providers
Switch processors without changing POS systems
Maintain direct relationships with financial institutions

What You Actually Pay For

Triniteq POS Subscription

Monthly software license - Predictable, fixed cost
Updates and support - Ongoing system improvements
Cloud hosting - Reliable, secure data management

Separate Payment Processing

Direct relationship with your chosen payment processor
Competitive rates negotiated directly with providers
Transparent pricing with no markup from Triniteq
Industry-standard fees (typically 1.5-2.9% for card payments)

Comparing Total Cost of Ownership

Triniteq Model

Monthly POS Cost: $X (fixed)
Payment Processing: Direct rates (1.5-2.9%)
Total Predictable Cost: Monthly fee + processor rates

Transaction Fee POS Models

Monthly POS Cost: $Y (often lower)
Transaction Fees: 1-3% per sale
Total Cost: Often 2-5% higher per transaction

Real-World Cost Comparison

Example: $10,000 monthly sales

Triniteq Approach:

POS Software: $55/month
Payment Processing (1.5%): $150/month
Total: $205/month

Transaction Fee POS:

POS Software: $60/month
Payment Processing (3%): $300/month
Total: $360/month

Annual Savings with Triniteq: $1,860

Questions to Ask Other POS Providers

"Do you charge transaction fees on top of POS subscription?"
"What happens to my costs as my business grows?"
"Can I use any payment processor I choose?"
"Are there hidden fees based on transaction volume?"
"What's my total cost per transaction including all fees?"

Why This Matters for Your Business

Long-Term Cost Control

Predictable expenses for better cash flow management
No penalty for business growth and success
Ability to optimise payment processing independently

Competitive Advantage

Lower operational costs mean better profit margins
More competitive pricing for your customers
Reinvest savings into business growth

Operational Freedom

Choose payment processors based on service and price, not POS limitations
Switch providers without changing POS systems
Maintain direct banking relationships

Get Started with Transparent POS Pricing

Ready to eliminate transaction fees from your POS costs? Contact Triniteq to learn how our zero-transaction-fee model can save your business money while providing enterprise-grade POS functionality.

Triniteq: Your partner in business success. Our Point of Sale system is easy-to-use yet deceptively powerful, designed to streamline operations and maximise profits. Explore our range of solutions today.