The Cash Discount Program is implemented by posting simple signage stating that all posted prices are cash prices. Platinum Solutions will automate your hardware so that the 4% non-cash adjustment is added for those customers utilizing any other method of payment other than cash (basically credit cards).
Typically, Visa, Mastercard, and even your current merchant processor rules prohibit you from profiting on a credit card transaction. Applying your own cash discount could run afoul of the credit card or processing rules and out of compliance with state and federal guidelines. By using the Cash Discount Program, we establish appropriate pricing for you to guarantee you remain within every guideline.
Steps to Start
- We will send you a secure online application to complete. Once the application is completed you will receive your equipment in less than one week. Contact us now for step one.
- Installation is fast and simple. Our machines come with multiple connection options with WIFI being the most popular. We provide you with the required signage to inform customers that listed prices are cash prices. The equipment we supply at no charge to you comes programmed and ready to use. You can begin saving 100% of your merchant fees in less than one week!