Implementing a Cash Discount / Surcharging Program for your business is easy.
Cash discount and surcharging programs can vary from company to company, but at their core, both options offer business owners a way to instantly increase their bottom line to see additional profits right away.
The best way to get started is to schedule a free consultation to tell us about your business. We can offer you a cash discount program (or surcharging program) tailored for your business.
The future of merchant services
Cash Discount programs are modernizing merchant accounts and payment processing. Recently, businesses nationwide are now embracing this program. Gas stations have been using a cash discount program far longer than many other businesses – many gas stations display a credit card and cash price.
Frequently Asked Questions
Here are common questions from customers regarding a cash discount or surcharging program.
My customers mainly pay with a credit card, so can I still accept credit cards?
You still can! Nothing changes with how you accept payments – just how much you pay to get paid! Cash discount and surcharging programs allow you to easily accept credit card or cash payments like you usually would with any other merchant services program.
Do I have to adjust prices and discounts manually?
Absolutely not. These programs are designed to help you quickly accept payments from customers. Once your initial account setup is complete, your POS system will automatically adjust prices and add discounts upon checkout.
I heard about the cash discount program before. Someone told me this program is illegal. Is that true?
Cash discount programs are completely legal in all 50 states. The Durbin Amendment legally allows businesses to reward customers for making cash payments.
How does a Cash Discount Program actually work?
Cash discount and surcharging programs work by utilizing a custom POS system that automatically collects credit card processing fees on your behalf, but doesn’t charge you for them. The collected processing fees are then paid to the credit card companies that impose mandatory fees—leaving you with zero credit card processing fees.
Here’s an example of a receipt from a customer at a coffee shop with and without a cash discount program.