Is the Cash Discount Program right for your business?
We are excited to announce that we are now able to offer a cash discount program that will enable you to offer your customers a discount when and if they choose to pay you with cash.
What Does Cash Discount Mean?
A true cash discount program is when you increase your prices to include the cost of credit card fees. Thus, being able to offer a lower or discounted price to customers who want to pay with cash. Instead of absorbing the fees and paying them monthly, you are passing the fees through your customers as a convenience to them to accept their credit card payment (much like paying at the pump for gas).
What Does it Cost?
If your current processing system does not support a cash discount program, a purchase to upgrade your system may be required. However, with the savings of a cash discount program, you could easily make up for the investment in a few short months. Your annual credit card processing fees will drop dramatically.
If you are interested in learning more, or are curious about whether or not this program would be suited well for your business, give us a call today.