Cash Discount Program
The program was created to meet the challenges that businesses face when accepting credit/debit cards. Businesses pay out a significant amount of their revenue because of fees tied to credit and debit card processing. Our cash discount program allows these businesses to save THOUSANDS each month in credit card processing fees!
Our CASH DISCOUNT PROGRAM is our special program that gives you unlimited credit/debit card processing for a small flat monthly fee.
Depending on the size of the transaction amount, a non-cash price adjustment is passed through to the customer on all card transactions.
The amount collected is used to cover the processing and interchange cost allowing merchants to save nearly all the money they are currently paying in fees.
The CASH DISCOUNT PROGRAM allows unlimited credit/debit card volume for a single flat monthly fee. The merchant is provided with signage that informs the consumer that “All posted and advertised prices are already in the Cash Discounted price.”
Consumers paying with cash obtain that posted discount rate. For transactions where consumers choose to pay with cards, a standard adjustment is added and the difference between the cash price and the credit price is used to pay the card fees.
“THE NON-CASH PRICE” difference is now displayed by a discount schedule provided by JP Profit Solutions, LLC.
HOW ARE CUSTOMERS MADE AWARE OF THE PROGRAM?
- Notification on Website in Terms & Conditions (T&C)
- Notification at check-out for Online Shopping Carts
- Notification in Bills, Contract or Agreement
- Verbal notification (Phone Sales, Virtual Terminal, etc.)
- Signage posted at each revenue center within each property/location
- Signage posted at each entrance