Merchants

What is a Cash Discount Program?

Do you want to accept credit cards in your business for free? YOU CAN!

Despite advertisements and new merchant programs that advertise "Super low rates" and "practically free" processing fees, most business owners have resigned to the fact that card fees are a business expense that just won't go away. 

But there really is a way that your business can eliminate up to 100% of ALL processing expenses while you accept both credit and debit cards.

 

HOW IT WORKS

Traditional merchant service accounts will charge you per transaction and monthly fees and have them ACH'd from your account. 

Depending on your processor and agreement, you may be loosing as high as 4% on each transaction. 

A Cash Discount program works like this:

 

POS programming charges customers a small 'Convenience Fee' on every card transaction. So that means while your processing expenses are passed on to the card-paying customer in the form of small 3 or 4% fee, your business accepts cards as a form of payment for FREE.

 

 

IT'S NOT A SURCHARGE PROGRAM

Because surcharge programs are advertised as a penalty to card-paying customers, many states actually ban the practice. And even if your business is in a state that allows surcharging, you can only pass through a fee to credit transactions.

Here's why Cash Discount Programs are so great:

  1. Legal in all 50 states 
  2. Pass through 'Convenience Fees' for credit AND debit transactions.
  3. Backed by all major card companies
  4. Surcharge registration is not required

 

TRANSFORM YOUR BUSINESS WITH NPP CASH DISCOUNT

Do you want to save up to 100% on processing fees? We can't wait to help!