CASH DISCOUNTING & YOUR BUSINESS
Our cash discounting program helps all business types including B2B. Companies virtually eliminate their monthly and annual card processing costs. For every sale that is made with a credit card, a small customer service fee is added to the charge. The service fee is calculated and added to the amount of the ticket, which then appears on your customer’s printed receipt.If your customer pays in cash, they do not pay the service fee. We will provide you with free signage that will inform your customers that you offer a cash discount program (by law, all merchants must display clear signage disclosing that they offer cash discounting).
We can help establishments like yours to save up to 90% in annual card processing fees. The result? You can realize significant savings to help grow and expand your business! If you find that our Cash Discount program isn’t working for you, we’ll quickly switch you back to Interchange Plus processing.
Our cash discounting payment terminal accepts all payment types –credit, EMV chip cards and mobile wallets with no PIN Pad required. If a card is presented for payment, the terminal software will automatically add the service charge and include that charge on the printed receipt.
We provide 1 (WIFI capable) terminal with replacement warranty per location.
You may purchase additional terminals for $199.00 + tax.
How Cash Discounting Benefits You
Reduce Cost - You will save thousands on your monthly and annual processing costs.
Legal Program - Our cash discounting program is legal, giving you piece of mind as you accept payments.
Our cash discounting program is fast and simple to set up with plug-and-play equipment
Flat Monthly Fee - No more interchange mark ups. You pay the same flat fee each month.
We will provide you with free window decals and point-of-purchase signage.
What is a Cash Discount?
A cash discount rewards customers for paying in cash. Your customers always have a choice as we will provide free signage.
What equipment is needed?
We provide a state of the art smart terminal, regular terminal or a virtual terminal that will allow you to text or email invoices and receipts. We provide one per location. If multiple terminals are needed they are available for purchase. for $199.00 + tax
Is Cash Discounting legal?
Yes, Cash discount programs do not discriminate one card over another and reward customers for paying with cash. Cash discount programs have been available for years to higher education, municipals, gas stations and utility providers, so it is not a new concept. Plus our partner has legally vetted.
Is it a surcharge?
No. Surcharges are subject to the laws of each state and must work in accordance with each brands’ operating rules. Cash Discounting is an attractive option because it is fast and easy to set up, your customers have a choice, and there’s no complicated vetting/approval process with the Card Brands.
What payments can be accepted?
Credit, Debit, mobile wallets, such as Apple Pay and Google pay. We will provide fee signage so you can inform your customers.
How much can I save?
Savings vary, but most merchants can expect to save 80 –90% of their annual processing costs.
How are my customers informed?
Place signage in visible areas. We will provide the FREE point-of-purchase signage and window decals. We recommend in the window or on the door of your business and at the consumer checkout point.
Is the solution PCI Compliant?
Yes, this program is fully PCI compliant and also complies with all card brand rules. The PCI security is included in the $50.00 monthly cost.