Cash Discount Program
Eliminate processing fees with our Cash Discount Program. This program allows you to pass the fee on to your customer or accept cash payments so you can keep your money!
Don't let transaction fees drain your bottom line.
What is cash discounting? The Cash Discount Program helps businesses build the cost to process cards into their pricing, allowing them to maintain the same profit margin on every sale regardless of payment type.
- Offset 100% of processing fees
- Never worry about unpredictable monthly fees
- Fully automated by your POS system
- Compliant with card network guidelines
- Encourages more cash customers
Don't let transaction fees drain your bottom line.
What is cash discounting? The Cash Discount Program helps businesses build the cost to process cards into their pricing, allowing them to maintain the same profit margin on every sale regardless of payment type.
- Offset 100% of processing fees
- Never worry about unpredictable monthly fees
- Fully automated by your POS system
- Compliant with card network guidelines
- Encourages more cash customers
Eliminate Your Processing Fees.
Cash discounting gives your customers more choice. They can either pay the processing fee or choose to save money!
Don’t let transaction fees drain your bottom line. Eliminate Credit Card Processing fees and keep every penny you make.
The transition to keeping your profits is easy! We will get you taken care of. No setup cost; It’s fast, free and simple.
FAQ
A pricing method that gives your customers a choice and aligns the cost of credit card processing with those customers using credit cards. You simply increase your posted price to include the processing cost and then offer an equivalent discount to customers that pay cash. The posted credit price offsets the cost of processing the transaction. When a customer pays with a credit card, our technology recognizes the price increase and applies it to your processing fees. If they pay with cash, they get your original price.
It's very simple. You would increase your posted prices by 3-4%. If the customer pays with a credit card, they pay the posted price. Customers that pay with cash, are rewarded with a price that is 3-4% lower. We apply the increase towards your processing fees to offset your cost and increase your margins. Our point-of-sale technology completely automates this for you.
Your merchant statement will reflect a discount rate that is equivalent to your price increase. We subtract that discount rate from your daily batch which completely offsets your processing costs. You no longer have to worry about that large debit for processing fees at the end of the month.
Yes. In most cases we will provide a free terminal or point of sale solution to ensure compliance with the latest regulations.
If you are ready to align the cost of accepting credit cards with the customers that use credit cards, then yes our cash discount program could be right for you.
Peak 5 Payments
(214) 460-4121
[email protected]
3415 Custer Rd Suite 140,
Plano, Tx 75023
Navigate
Follow Us
© 2024 All Rights Reserved | Peak 5 Payments