Cash discounting can help you control and offset some or all payment processing fees, allowing you to operate more profitably. But you must follow state regulations and card network rules to comply. The Paradise POS cash discount program is designed for compliance and to help you control payment processing costs.
Some requirements for a compliant cash discount program are notifying customers, clearly displaying cash and credit prices, and showing the discount on the receipt. Our dual pricing system, compatible with mobile POS, pay at the table, and shelf tags, covers your requirements.
When customers see that they can save a few percent by paying with cash, you may see more taking this option, which means you receive funds immediately and decrease payment processing fees. Additionally, a cash discount program can help build loyalty – after all, who doesn't love a discount?
Based on years of experience helping merchants control their payment processing costs, Paradise POS has developed a solution that supports compliant cash discounts, saving time and allowing you to focus on your core business.
If your customers pay with cash and credit and want to take a discount, implementing a cash discount program may be a win for your business. We'll help you weigh the pros and cons and make the best decision for your business.