Cash Discount Program Explained: What Cash Discounting Is and How to Set It Up

Welcome to our channel! Are you looking to save hundreds or thousands on credit card payment processing fees? In this video we cover what a cash discount program is and how to set up a cash discounting program for your business. With Acumen Connections, you can set up a cash discount program (also known as a "dual price program") and keep more of your hard-earned cash! Here's what you need to know:
🔹 Cash Discount Benefits to the Business:
- Save on processing fees
- Simplify pricing
- Increase customer satisfaction
With inflation on the rise, businesses are feeling pressured to increase prices across the board. There’s no better time than now to offer a cash discount to help your bottom line and your customers. A cash discount can help prevent price hikes across the board.
🔹 How to Start a Cash Discount Program:
0:00 Intro
0:25 Partner with Acumen Connections for a cash discount program.
0:30 Choose a discount percentage for cash-paying customers (we recommend around 4%).
0:51 Get set up with a compatible terminal or credit card machine for your cash discount program.
1:16 Use the cash discount program to offset processing costs.
1:37 Stay compliant with clear signage (we provide free downloads!) for your cash discount program.
Worried about setup? Don't be! We'll handle the hassle for you. Plus, cash discount programs are legal and increasingly popular across the country.
Save money for your business and your customers! Studies show most customers don’t pay much attention to cash discount, or dual pricing, programs and are happy to save by paying in cash.
Ready to eliminate credit card processing fees and enjoy simple pricing? Visit our website for more information:
🌐 [Cash Discount & Merchant Discount Program Page](acumenconnections.com/merchan...)
📚 [Blog Comparing Cash Discounting & Dual Pricing](acumenconnections.com/underst...)
📺 Watch our video on the topic.
📞 Have questions or want to set up a cash discount program for your business to stop overpaying on credit card processing fees? Give us a call! [phone]
Start saving today with Acumen Connections (acumenconnections.com) today. See you later! 💼

[@SandraTDance]

Thanks for this information, id like to ask a question? When a customer puts their pin in the pos system, will they be charged a fee still? Thank you

[@acumenconnections]

Thanks for the question. Yes, for cash discounting, there is a discount for using cash, so ALL card transactions will pay the card price.