More about Fency
A Community Rewards Payment Platform
Consumers earn FencyCoins (FC for short) when paying with a debit or credit card. Merchants pay ZERO transaction fees on these payments. And any merchant or consumer can trade, spend, and store their FC in the network at NO COST.
1FC = $1 every time you check the balance!
Other merchants validate FC transactions, there's no middle man or bank.
Accept credit cards just like you do now, but with no discount rates on transactions
Customers earn FencyCoins as a reward whenever they pay with their mobile wallet, credit, or debit card
$0 transaction cost to you when buyers pay with FencyCoins
Have FencyCoins, but need cash? We'll buy them back from merchants!
Our proprietary touch/swipe terminal & software included
Quick rundown:
Customer checks out using our swipe/touch terminal at your POS
Customer has FC to cover amount
Fency transfers FC from consumer to merchant at no cost
Merchants spend, reward, or redeem their FC with others in the network
OR
Customer lacks FC to cover amount
Customer "buys" FC from us and it's sent to merchant at no cost
Customer earns 5% FC bonus on credit/debit, redeemable at a later transaction
Process more FC transactions instead of credit cards
Your business won't need a merchant credit card count at all!