Zero cost processing with Cash Discount
Do you feel you are paying too much in processing fees? Paysafe’s Cash Discount Program can help offset the cost of monthly card processing fees, so you can focus on taking your business to the next level.
888-299-3324
Clover Mini
Small yet mighty, Clover Mini is the ideal solution for businesses looking for all the functionality of Clover Station, but with a smaller physical footprint, including:
- Contactless support
- 7” touch screen
- Thermal receipt printer
- WiFi/4G/Ethernet connectivity
- Over 200 supported apps
Offset monthly processing fees with Paysafe
How It Works
Our Cash Discount Program uses proprietary technology that automatically determines the service fee and/or discount amount, depending on the payment type, and presents a clear receipt detailing the service fee or cash discount amount. This in conjunction with required signage keeps your business compliant as you benefit from the program.
Understanding Cash Discount
Card processing can be expensive for businesses, as acceptance can cost merchants up to 5% per transaction. Paysafe’s Cash Discount Program helps pass on the cost of card acceptance (also referred to as a service fee) to customers who choose to pay with a credit or debit card. Customers who pay with cash receive a discount of that same percentage on their transaction. This process coupled with required signage is commonly known as cash discount.
Required Signage
As part of the program, merchants must:
- Post cash discount disclosure signage for customers at both the point of entry and at the point of sale.
- Markup the price of goods and/or services and label the new price as the standard price on the product or shelf.
It’s as easy as 1, 2, 3...
Cash Discount in 3 Easy Steps
Implementing Paysafe’s Cash Discount Program is simple, and it is extremely beneficial to business owners like you.
- Choose a discount percentage you want to give to cash paying customers and raise prices on your goods/services to offset the discount.
- Display required signage and display new prices on the product or shelf.
- Paysafe automates your terminal(s) to discount sales for cash paying customers, and you provide customers with a receipt of sale detailing the service fee or cash discount amount.
Benefits of Cash Discount with Paysafe
By implementing Paysafe’s Cash Discount Program, you can capitalize on the marketing opportunity to promote your new discount. Who doesn’t love saving money?
- Provide customers with the convenience of paying with a card.
- Offer cash paying customers a discount.
- Offset your monthly processing fees!