Cash Discount

Over the years, businesses have witnessed a transition from customers predominantly using cash to a preference for credit card payments, which have become the primary mode of transaction for most establishments. Consequently, the unavoidable high costs associated with accepting credit cards and processing fees have become a challenge. Nevertheless, through the implementation of cash discount programs, businesses can effectively eliminate their credit card processing fees by adopting genuine cash discount or dual pricing programs. These innovative, zero-cost credit card processing solutions empower business owners to overcome the financial burden of credit card processing fees, regardless of whether customers choose to make purchases with credit or debit cards.

Here’s how a cash discount program works:  The credit card terminal will automatically display cash and credit card pricing, or “dual pricing” options to merchants. The credit card price includes the cost of processing each transaction, thus eliminating the merchant’s credit card processing fees.

The biggest purpose of a cash discount is that the business owner does not pay merchant account payment processing fees. The payment you receive in cash goes directly into your cash register, never incurring added fees. No percentages. No rates. What you see is what you get.