In addition to the fees that automatically come with credit card transactions, these transactions can sometimes lead to additional fees. Chargebacks only occur with credit card payments, so when you encourage customers to pay in cash, you reduce the risk… Read More
Cash Discounts
Increase Cash on Hand
When customers make a cash payment, it can mean more access to cash on hand for your business.
Attract Bargain Hunters
Who doesn’t love to get a discount? When customers see they can pay less by using cash, they’ll leave your store feeling like they got a great deal and will likely come back next time with cash in hand.
Keep Profit Margins Consistent
It’s important for a business to be able to maintain consistent margins so they can accurately budget and make financial decisions for the future. With a cash discount program in place, processing fees are no longer a wild-card.
Reduce or Eliminate Fees
Save your business from having to shoulder the costs associated with credit card processing. With a cash discount program, it will be just as if credit card processing fees were nonexistent.