If for any reason you wish to discontinue using the cash-discount program, you may be switched back to regular interchange pricing. Our terminals support both programs and can remotely be programmed for you. Lastly, keep in mind that you do… PermalinkPosted: March 23, 2026
While nobody likes to pay extra for anything, many consumers are starting to realize how expensive it is to process credit card transactions these days. By charging a 4% fee on a sales transaction, that’s a small price to pay… PermalinkPosted: March 23, 2026
When a fee is incorrectly applied to a particular transaction, any additional fee charged to customers using a credit card is labeled a Surcharge and that is not allowed by Visa, MasterCard and the payment processor without taking specific actions… PermalinkPosted: March 23, 2026
A surcharge is an add-on fee on the price of goods and/or services. It is based on the percentage of the total price of goods and/or services before the taxes are determined or assessed. There are 10 States that do… PermalinkPosted: March 23, 2026
Not really. In fact, this same method has been used by gas stations for quite some time, offering cash customers a discount. It has been around for some decades in Europe. Many national, local and government offices including the DMV,… PermalinkPosted: March 23, 2026
This program is ideal for retail businesses with low ticket sales, since you are passing your merchant processing fees to your customer. PermalinkPosted: March 23, 2026
Yes, a Cash discount program is legal in the whole USA and compliant with the law in all 50 states per the Durbin Amendment (part of the 2010 Dodd-Frank Law), which states that businesses are allowed to offer a discount… PermalinkPosted: March 23, 2026
