Entrepreneurs Break
No Result
View All Result
Friday, February 26, 2021
  • Home
  • News
  • Business
  • Entertainment
  • Tech
  • Health
Entrepreneurs Break
  • Home
  • News
  • Business
  • Entertainment
  • Tech
  • Health
No Result
View All Result
Entrepreneurs Break
No Result
View All Result
Home Business

How a Cash Discount Program Can Save Busineses Money

by Ali Idrees
January 21, 2021
in Business
0
How a Cash Discount Program Can Save Busineses Money
154
SHARES
1.9k
VIEWS
Share on FacebookShare on Twitter

In recent years, many businesses have enrolled in a cash discount program. These programs previously were not allowed, but now are allowed under the terms of the Dodd-Frank Act. Such programs enable businesses to offer customers a cash discount to encourage them to use this form of payment. These programs can save businesses a significant amount of money on processing fees. Read on to learn more about cash discount plans.

Table of Contents

  • Saving Money on Processing Fees
  • Offering a Cash Discount Program is Totally Legal
  • Contact Adept Payments Today to Learn More About Our Cash Discount Service

Saving Money on Processing Fees

Processing fees are a major expense for businesses in nearly all industries. Processing fees can easily run into thousands of dollars a month for businesses with high transaction volume. A cash discount plan allows a business to continue to accept credit cards, it merely encourages customers to pay with cash. The reduced amount of credit card transactions translates to reduced processing fees. How much a business can save depends on the cash discount plan and on the business’s revenue.

Offering a Cash Discount Program is Totally Legal

Offering a cash discount plan is now legal and allowed by all major credit card providers. As long as customers pay a set service fee across all transactions, the cash discount plan is within the rules. Customers who pay cash simply receive a discount equivalent to the amount of the service fee. This same discount also applies to customers who pay with checks (if the business accepts checks). Many cash discount plans also offer customers a discount equivalent to the service fee if they pay with an in-store gift card.

Contact Adept Payments Today to Learn More About Our Cash Discount Service

If your business can benefit from a cash discount plan, Adept Payments has a solution for you. We offer a simple cash discount plan that includes training for your employees and signage for the customers about the program. If you’re interested to see just how much your business could save with our cash discount program, you can contact us to get a free personalized rate quote. You can also contact us if you have any questions or need any more information about our services. One of our knowledgeable associates will quickly get back to you with the information you need. We can also help you set up an appointment with one of our associates so that you can speak to us live about the payment processing needs your business has. Contact us today to learn more about our cash discount plan.

Tags: Cash Discount Program
  • Trending
  • Comments
  • Latest
zooqle

Zooqle (2021) – Biggest Website For Downloading Torrents Files

January 3, 2021
Plex: Free vs Paid

Plex: Free vs Paid

March 19, 2020
Waptrick

Waptrick New Website 2021 – Download Free Music, Games, Videos & Much More

January 2, 2021
aka.ms/remoteconnect

How To Fix Minecraft remoteconnect – https://aka.ms/remoteconnect

February 7, 2021
Top 5 Safety Tips for your Family Road Trip

Top 5 Safety Tips for your Family Road Trip

2
Discover How to Get More Facebook Fans in 3 Weeks

Discover How to Get More Facebook Fans in 3 Weeks

1
Blockchain for Social Good

Blockchain for Social Good: Transparency and Accountability is Key

1

THE NEW SYNONYM DISCOVERED FOR FUN

0
Funnel Software

Advantages of Using Funnel Software for Your Business

February 26, 2021
Explain What Is A Cryptocurrency, And What Are The Benefits Of Using Cryptos?

Explain What Is A Cryptocurrency, And What Are The Benefits Of Using Cryptos?

February 26, 2021
Tips for Eating Well During Menopause and Beyond

Tips for Eating Well During Menopause and Beyond

February 26, 2021
Roofing

Roofing Tips That Can Save You Some Trouble in Palo Alto

February 26, 2021
Entrepreneurs Break

Entrepreneurs Break is mostly focus on Business, Entertainment, Lifestyle, Health, News, and many more articles.

Contact: wa3833261@gmail.com

© 2021 - Entrepreneurs Break

No Result
View All Result
  • Home
  • News
  • Business
  • Entertainment
  • Tech
  • Health

© 2021 - Entrepreneurs Break

Login to your account below

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In