What is cash discounting?
The Cash Discount Program is a way for you, as a merchant, to offset some or all of your current merchant service fees without increasing your overall rates. It is a method of implementing a service fee to all customers, while giving a discount to those who pay with cash. Therefore, your posted rates now become the rate for those who pay with cash. Those customers who pay with cash avoid the services fee and all others will see a line item added to their receipt. It is a proprietary technology that keeps you within the guidelines of Visa, Mastercard, and processor regulations.
A world of benefits
Here are just a few benefits of the cash discount program with RedFynn.
No fees including batch, AVS, discount rates
A low, transparent monthly fee you can plan for
All other fees are bundled into a flat rate and passed to the cardholder
Compliant and legal in all states
Incentivizes cash payments instead of credit cards
Get started today
Cash Discounting has already saved our merchants thousands of dollars. Why not you? Reach out to us today to get started.