Cash Discount Pricing allows an incentive that a merchant offers to their buyers to pay with cash. Offering merchants Cash Discount Pricing allows them to pass along their credit card processing costs to their customers. This effectively eliminates a merchant’s credit card expense except for a manageable monthly fee of $30.
Currently available in US only.
There’s not much you have to do different other than putting up the right signage to give notice to your customers that you are introducing a cash discount payment policy. Our special software seamlessly adds the non-cash fee at the time of purchase directly through our zero fee terminals. If a customer’s decides to use a credit card for their purchased then the additional non cash discount fee will be added directly to the transaction and reflect that on the receipt. Let’s take a sample transaction:
This is NOT for all merchants. Some might worry about angering or driving customers away. Cash Discount Pricing tends to be most appealing to small ticket merchants, whose customers would incur a relatively small charge for using the cash or paying Cash.
Setting up a merchant is with Cash Discount Pricing is relatively easy. They need to sign up and broad in a very specific manner.
Connect with a Business Consultant to get started.
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