Credit card processing has grown more expensive for many merchants over the years—especially those who own and operate small businesses. See, when merchants accept credit cards, they also face the financial burden of paying interchange fees. On average, these fees can range from 1-4%, which means that these costs can add up over time. As…
How to Eliminate Credit Card Processing Fees with a Cash Discount Program In this day and age, it’s practically impossible for businesses not to accept credit cards. Consumers want various payment options, and using their credit cards is a quick and convenient choice. However, many business owners take credit card processing fees as a given,…
With the pandemic crimping sales, more merchants impose surcharges for plastic In Central Brooklyn, notices are appearing near the registers of a growing number of small businesses. “Dear Loyal Customers,” many of them begin, before announcing a “discount”: The displayed prices reflect a reduction for those paying with cash. Prices for credit and debit card…
How to Implement a Merchant Services Cash Discount Program Are you interested in implementing a merchant services cash discount program but unsure of where to start? Fortunately, this blog is the perfect resource for you! We’ll explain everything you need to know about cash discount programs, from how they work to the ways your business…
