cash discount program
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A payment method that offers discounts to customers who pay
Key Features:
- Encourages Cash Payments
Customers who pay with cash receive a discount, helping to reduce the burden of credit card transaction fees. - Cost Savings
By not having to cover processing fees for card payments, businesses can lower their operational costs. - Transparent Pricing Structure
All prices are displayed based on credit card payments, and customers pay a discounted price when paying with cash. - Benefits for Both Customers and Businesses
Customers enjoy discounts, while businesses reduce transaction fees—creating a win-win situation.
Example:
- Product Price: $10.00 (credit card payment)
- Cash Payment Price: $9.60 (4% discount applied)