Features
Jan 20, 2025
Are You Still Paying for Every Sale? It's Time to Stop.
In today's competitive business landscape, every penny counts. For too long, businesses have silently absorbed the burden of transaction fees – those small percentages that chip away at your hard-earned revenue with every sale. What if there was a better way? A way to keep 100% of your earnings from every transaction?
Enter Lytz. Our mission is simple yet revolutionary: to connect businesses with a platform where transactions are completely free and instant. With Lytz, you pay a nominal 1% withdrawal fee, and that's it. No hidden charges, no per-transaction deductions. This isn't just a feature; it's a fundamental shift in how your business handles payments, designed to put more money back into your pocket.
The Hidden Drain: Understanding Traditional Transaction Fees
Before we dive into the benefits, let's understand the problem. Traditional payment processors typically charge a percentage (often 2% to 3% or more) plus a fixed fee for every single transaction. While these might seem small individually, they accumulate rapidly, especially for businesses with high sales volumes or low-margin products.
Consider this:
On a $100 sale with a 2.9% + $0.30 fee, you lose $3.20.
On 1,000 such sales, that's $3,200 gone.
Over a year, this can amount to tens of thousands – or even hundreds of thousands – of dollars.
This money isn't funding your growth, your inventory, or your team; it's going straight to a third-party processor.
Lytz's Solution: 0% Transaction Fees for True Profit Maximization
Lytz is here to change that narrative. When a customer pays you through the Lytz platform, the transaction itself costs you absolutely nothing. Here’s why this is a game-changer for your business:
Direct Profit Boost: The most obvious benefit. By eliminating those pesky percentages, you immediately increase your profit margin on every sale. This means more capital available for reinvestment, expansion, or simply better cash flow management.
Competitive Pricing Advantage: Without the need to factor in transaction fees, you might find more flexibility in your pricing strategy. You can offer more competitive prices, run promotions more freely, or absorb minor costs, making your business more attractive to customers.
Predictable Revenue: Say goodbye to fluctuating payment processing statements. With Lytz, you know exactly how much you're earning from each transaction, making financial planning and budgeting much simpler and more accurate. Your only variable cost is the transparent 1% withdrawal fee, allowing you to easily calculate your net income.
Empowering Small Businesses & Startups: For businesses just starting out or operating on tight margins, every saved dollar is crucial. Lytz empowers these ventures to scale without the heavy burden of escalating processing costs, fostering growth and innovation.
Focus on Your Core Business: Less time spent scrutinizing complex fee structures means more time to focus on what you do best: serving your customers and growing your business.
The Transparent Advantage: Lytz's 1% Withdrawal Fee
While we champion 0% transaction fees, we believe in complete transparency. Lytz charges a straightforward 1% withdrawal fee when you transfer funds from your Lytz account to your linked bank account. This single, low fee is how we sustain our platform and continue to offer unparalleled value.
Think of it this way: you keep 100% of your revenue during the transaction phase, and only pay a minimal percentage when you decide to access your funds. This structure ensures you retain maximum value from every sale made on our platform.
How Lytz Works for Your Business:
Getting started with Lytz is designed for simplicity. Whether you're a burgeoning e-commerce site or a bustling local shop, Lytz provides multiple ways for you to accept free, instant payments:
Static QR Codes: Ideal for physical locations, invoices, or business cards. Customers simply scan and pay.
Payment Links: Perfect for online sales, social media, or email invoicing. Share a link, get paid instantly.
Dynamic QR Codes: For integrated POS systems, displaying the exact amount for a swift, error-free checkout.
Conclusion: Reclaim Your Profits with Lytz
The era of costly transaction fees is over. Lytz is leading the charge, offering businesses a powerful, cost-effective, and transparent payment solution. By choosing Lytz, you're not just switching payment processors; you're adopting a smarter financial strategy that directly contributes to your bottom line.