Saving merchants more
We all love our rewards credit cards. They help us pay for our family vacations, airfare, gas, and we even are able to get free perks like insurance coverage on rental cars and lost cell phones. However, they are not actually “free” perks: business owners take the hit when they process these cards. The more rewards customers receive the more the business owners pays. Well not with RedFynn: finally there is a program that is changing the way you'll feel about credit card processing.
What is the cash discount program?
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 proprietary technology that keeps you within the guidelines of Visa, Mastercard, and processor regulations.
Encourage cash payments
Consumers love using rewards cards because it gives them benefits without costing them anything. With 2-5% cash back from credit card companies and airline miles for summer vacations with family who wouldn't chose this option? Well RedFynn is giving your customers that incentive to pay with cash with an incredible system that allows you to collect 100% of your sales revenue by passing along a cash discount to customers paying with checks, credit, or debit cards.
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 passed to the cardholder
Compliant and legal in all states
Incentivizes cash payments
Get started today
Cash Discounting has already saved merchants thousands of dollars. Why not you? Reach out to us today to get started.