Tuesday, June 5, 2018
Cash Discount Program for Credit Card Processing
A business owner can save money on credit card processing sales with the cash discount program. The merchant processing cash discount allows a business owner the ability to offer customers a discount when they use cash as a form of payment as opposed to a credit card at the point of sale. The surcharge fee will be added to the customer receipt if they pay with a credit card instead of cash. The merchant services account costs will be minimized when utilizing the cash discount program because the processing fees will essentially be passed on to the customer in the form of an agreed percentage. The merchant will have to display signage at their location that states that "prices listed & advertised reflect cash payment".
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment