Cash Discount & Surcharge
SAVINGS…. This is a New Pricing model with only a couple of years in use but Surcharging and Cash Discount will save YOU the Merchant hundreds or Thousands per month. How?
Has a Non-Cash fee of 4% or a flat 0.60 cents if the average ticket is under $15 is added to the receipt at Check out. This fee doesn’t apply to cash transactions. We place signage so the customer knows of the fees beforehand. Normally only 5-10% of customer even notice the service fee and many Restaurants, Retail and Gas stations are using this model. The savings is huge. We have seen 99% of Merchants keep this model once implemented.
Is another model which a 4% fee only applies to Credit Card Sales of Not Debit Card Sales. So, when you take a debit card which is more than half of all transactions there is no fee applied which means the Merchant still pays for those transaction cost but you will save 40-50% instead of paying 100% of sales without it. We place most customer under the Cash Discount model.
THE CREDIT CARD GUY is a registered MLS office of Clearent LLC, an MSP of CB STL. Also providing High-Risk Merchant Accounts. © 2020 All Rights Reserved. Call 888-641-8910 / 1160 E. Mariposa Ave, El Segundo CA 90245
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