Cash Discount Program Cash Discount Program
Retain 99% of the entire sales volume you process on credit/debit cards when implementing a “cash discount program” A cash discount program is a program which allows merchants to entice customers to pay with cash and save 3-4% off their purchase price. Signage must be posted in the store that states, All marked prices have been discounted as cash prices. When customers pay with cash, they will only pay the marked cash prices. When they pay by credit or debit card, the discounted cash price will be increased by an additional 3-4 % which is added to the transaction price when the card is processed. ![]() Retain 99% of the entire sales volume you process on credit cards when implementing a “cash discount program” A cash discount program is a program which allows merchants to entice customers to pay with cash and save 3-4% off their purchase price. Signage must be posted in the store that states, All marked prices have been discounted as cash prices. When customers pay with cash, they will only pay the marked cash prices. When they pay by credit card, the discounted cash price will be increased by an additional 3-4 % which is added to the transaction price when the credit card is processed. |
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