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  1. #1
    Senior Member Reputation points: 1223
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    Is Cash Discounting the future?

    Back in the day you couldn't add a surcharge to the customer if they used plastic. Guess that changed?
    " The world has always gone forward when people have dared to have crazy ideas . . . "

  2. #2
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    Quote Originally Posted by cruisinman View Post
    Is Cash Discounting the future?

    Back in the day you couldn't add a surcharge to the customer if they used plastic. Guess that changed?
    It's the reverse. No Surcharge for Plastic. Just Discount for Cash.

    Potato/Potahto

  3. #3
    Senior Member Reputation points: 84416
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    Quote Originally Posted by ryan $ View Post
    It's the reverse. No Surcharge for Plastic. Just Discount for Cash.

    Potato/Potahto

    If a merchant is providing a true "Cash Discount" why does he/she need a credit card terminal.

    Cash Discounting-Surcharging is nothing more than a hustle to write merchant accounts at a 3.86% Discount Rate.
    Dave Lambert, Business Development
    dave@fcbankcard.com
    Merchant Services Consultant
    High Risk Merchant Payment Solutions
    SBA 7(a) Loans & Short-Term Funding
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