CASH DISCOUNT PROGRAM

Cash Discount Program

The Cash Discount Program: What is it, and is it right for you?
A cash discount program is where a convenience fee is added to a sale to help offset credit card processing fees. It can save business owners hundreds if not thousands of dollars per month. What is a Convenience Fee? A convenience fee, which can also be considered a surcharge, is the additional value that a business owner passes onto the customer for all non-cash payments.
Cash discount program rules vary from state to state. If properly implemented, the program is legal in all 50 states as per the Durbin Amendment Act, and is compliant with all major credit card brands. Surcharging is not permitted in California, Colorado, Massachusetts, Oklahoma and Texas.
So many are switching from traditional pricing plans and taking advantage of this program! Tri-State Merchant Services is one of the few not adding a monthly fixed cost to this program, which saves business owners even more!
If you would like to hear about how you can save, contact us today for more details.

Cash Discount Program

The Cash Discount Program: What is it, and is it right for you?
A cash discount program is where a convenience fee is added to a sale to help offset credit card processing fees. It can save business owners hundreds if not thousands of dollars per month.
What is a Convenience Fee? A convenience fee, which can also be considered a surcharge, is the additional value that a business owner passes onto the customer for all non-cash payments.
Cash discount program rules vary from state to state. If properly implemented, the program is legal in all 50 states as per the Durbin Amendment Act, and is compliant with all major credit card brands. Surcharging is not permitted in California, Colorado, Massachusetts, Oklahoma and Texas.
So many are switching from traditional pricing plans and taking advantage of this program! Tri-State Merchant Services is one of the few not adding a monthly fixed cost to this program, which saves business owners even more!
If you would like to hear about how you can save, contact us today for more details.