The Cash Discount Program is a way for you the merchant to offset your merchant service fees without increasing your sale price. It is a method of passing a service fee to all customers while giving a discount to those who pay with cash.
- 100% legal
- Available in all 50 states
- Collect 100% of your processing sales
- Eliminate monthly processor fees
- Incredibly easy to order, set up and manage.
FREE TERMINAL CASH DISCOUNT PROGRAM
- Free Terminal: Dejavoo Z8 (EMV, NFC Contactless, Touch Screen, Dial, IP and Wi-Fi) – We offer an equipment that makes implementation of the Cash Discounting program seamless.
- Free Pin Pad: Dejavoo Z3 (EMV, NFC, Ethernet Connectivity)
- $15 Monthly Single Fee- Your Monthly Fees starts as soon as you get Approved. You still pay monthly fees doesn’t matter you process or not. Everyone pays monthly fees.
FREE POS CASH DISCOUNT PROGRAM
- Free POS: (EMV, NFC Contactless, Touch Screen, Dial, IP and Wi-Fi) – We offer an equipment that makes implementation of the Cash Discounting program seamless.
- EXATOUCH BUNDLE:
- All-in-One Terminal
- Epson Thermal Receipt Printer
- PAX S300
- Cash Drawer
- Customer Facing Display*
- 1D USB Barcode Scanner with Stand*
- Router and Two (2) 7’ Ethernet Cables
- $39 Monthly Fee (Including Software and Support Fee and Monthly Processing Fee)
- FREE EXATOUCH POS PROGRAM TARGETED VERTICALS
- Beer, Wine & Liquor Stores
- C-Store & Delis
- QSR/Fast Food, Pizzerias, Coffee Shops & Cafes
- Specialty/Ethnic Grocery & Mini Markets
- Butchers & Meat Markets
- Tobacco/Vape Shops
- Automotive Repair Service
- Zero Processing Fee- With our Cash Discount Program, all your daily card processing fees will be incorporated into the sale and a small service fee is passed on to the card holder.
- Auto Batch Out- We can set up your equipment to batch out automatically at the same time each day.
- No Contracts or Commitments
- No Early Termination Fee
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$0.00 Equipment Ground Shipping Cost for Terminal- (It takes 3-5 business days for terminal to arrive after your application get approve.)
$75.00 Equipment Ground Shipping Cost for POS- (It takes 3-5 business days for terminal to arrive after your application get approve.) - Funding Time After 48 hours funding time (Ex: Monday batch out: Funds receive on Wednesday.)
- Batch out Funding Time- If you batch out multiple times in a single day base on the batch out timeline, you might receive 2 different funding so please calculate by reviewing online reporting dashboard. Whatever you batch out you will receive those funds so no need to panic and think processing company is stealing your money, you just need to calculate if you need our help, we can also help you understand how to review online reporting.
- Non-PCI: A fee will incur after 60 days if Non-PCI Compliant. To avoid these fees, you need to become a PCI Compliant – we will be helping you with the process which will take less than 10 minutes only. This is for security purposes.
- No Free Terminal Roll: Your processing company might be giving you free terminal paper roll by charging you heavy markup fees or monthly junk fees. Here we have given you the lowest rates you could ever get. So please don’t ask for free terminal paper rolls. Please be educated and select your saving wisely.
- Terminal Connection: Free Terminals can connect with Internet or Phone Line or Wifi.
- Gift Card & Loyalty: (Free Welcome Kit* Including envelopes, stickers, acrylic display, table tent and inserts - over a $50.00 value! No annual, statement, artwork setup, or program cancellation fees or any other hidden costs.)
- Equipment Setup- We Do not come to your location to Setup the equipment. Installation and training will be scheduled during the shipping time. Installation and Training is over the phone and should be scheduled when or after the POS is delivered.
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Equipment Setup Timeline- Merchant requiring to setup POS & Pin Pad Terminal from application takes 14-21 business days (from Approved date to receiving the POS).
For POS- Might take little longer based on your requirements. - Online Reporting- An online reporting access credentials will be provided once approved. You will be able to see your daily processing activity such as your transactions, batch outs, ACH deposits, chargebacks, and statements for each month.
- Non Pin Debit- With Cash Discount Program, your equipment is set to run Debit Cards as Credit Card transaction.
- You will receive a CASH DISCOUNT STICKER To be compliant, signage must be hung at your point of entry and point of sale to alert your customers of the Checkout Fee and the Cash Discount. Example of signage below.
- You can’t hide fees in the receipt- There is no way we can hide the fee that your customer is being charge in the receipt. This is how the customer’s receipt looks like:
- Customer’s Rate can’t go lower than 3.5%- the reason behind this is because Card Networks (Visa, Master Card, Discover, Amex) and Issuing Banks is charging around 2% to 3.5% rate. That means the 3.5% rate is the lowest since this will cover the fee no matter what fee those Card Networks and Issuing Banks is charging.
- Reporting- Each day, the processor collects the Checkout Fees from your card-paying customers. This money is used to cover the operating costs of your merchant account. If you’re using our recommended equipment, end of day reporting shows how much you collected and how much we will deposit into your bank account.
Example of an end of day report. The CHECKOUT FEE amount is how much was collected from your customers. The TOTAL w/o CHECKOUT FEE is how much we will deposit into your bank account. Reports like this one make bank reconciliation easy.
- If for any reason you wish to discontinue the Cash Discount Program- we will immediately change you back to traditional Interchange Pricing. You will still save a lot of money on your credit card fees by utilizing the SwipeCard247 low-rate program, which saves business owners on average 72% over the fees your previous processor was charging.
- DO NOT PROCESS THIS WAY
- When doing a transaction using the terminal, do not press “Auth” in the terminal to avoid a temporary hold on a customer’s credit card. If for some reason a transaction happened, and you noticed it did not appear in your online reporting dashboard. Please contact us immediately for assistance. This usually happens when the transaction was run as Pre Auth, it means you temporarily hold a customer’s card to reserve funds for future payment transaction but when time comes to finalize a payment you forgot to force the transaction through.
- Offline Processing
If terminal is not connected to the internet or any type of connection, the Terminal will allow to process Credit Card Payments, however, the transaction will be unrecognizable and will not show in the report as a result no fund will be given for this transaction.
- Customer Service Details
Find sticker on the terminal/POS to see following details.
- Merchant ID#
- Terminal ID#
- Customer service number 24/7 Pricing Details and Queries: Mon-Sat 9:00AM-5:00PM CST Note: Any technical related help please call main processing company customer service number where you can get help 24/7. If you call us regarding technical support we might not be able to help you, if you don’t get any help then call us and we will make sure to get you help from processing company. Since we are not available 24/7, please call processing company only regarding terminal related issues. We will 100% help you in setting up your terminal first time by calling processing company together if you need our help.
- Statement Pricing Audit from SwipeCard247 Team