Cash Discount Program
For those merchant partners that have been clamoring, (called or emailed) for it we have the details available regarding the Cash Discount Program. We have all seen businesses that for the longest time have charged a fee to accept credit cards openly violating the card brand guidelines. And many of those violators were punished for doing so, but there is finally a way to account for credit card processing fees within the guidelines of the card brands.
Businesses big and small, have the option to offer a discount for customers that elect to pay in cash. The stated prices in your store become the cash price. For those that prefer to pay by credit card the price they pay is a higher price up to 4% and is documented as a line item on their receipt. There are specific guidelines that regulate the way this program may be put into place, much more than we can cover here. For existing merchant partners, we recommend you fill out a form or give us a call.
For those considering making a switch to the cash discount option but are not current merchants we kindly request that you schedule an appointment. Whenever possible we would have liked to have a local representative sit with you in person, depending on availability.
To find out more please request contact below: