Save Money With Dual Pricing
Dual pricing, popularly referred to as cash discounting, lets you offset the costs of accepting credit cards by offering a small discount to customers who pay in cash. However, implementing this type of program requires adhering to state laws and card network rules. Our solution is designed for compliance and helps you control payment processing costs, thus increasing the profitability of your business.
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What to Look For in a Dual Pricing or Cash Discount Program
What does an effective program setup need? Here's a look at some of the features available with Simplicity.
Automatically Adds Discounts
Streamline checkout by automating cash discounts, saving time and simplifying the process. A system that automatically adds cash discounts is much more efficient.
- Plug in the payment type and let the system determine the cash discount
- The POS doesn't give discounts to customers paying by debit or credit card
- A transparent and easy-to-understand system simplifies checkout
Compliant Cash Discount Support
There are several regulatory complexities surrounding cash discounts. Save yourself a hassle and let your point of sale (POS) system and payment processor handle the work.
- Enjoy the convenience of cash discounting without the headache
- Get guidance and support to ensure legal compliance
- Clear and transparent communication makes it easy to maintain the program
POS Integration
Cash discounting doesn’t require any separate hardware. Instead, the program works seamlessly with your POS system. Plus, you’ll have a choice of POS systems.
- A POS system and payment processing are essential for cash discount implementation
- We partner with leading POS solutions to ensure a seamless integration
- Our solution makes it easy for you to update and display pricing information
3 Reasons Dual Pricing Works
By implementing a cash discount program, your business gains tangible benefits.
Lowered Fees
The payment you receive in cash goes directly to you, never incurring additional fees for handling the transaction.
Boost Customer Loyalty
Encourage and reward customers who pay in cash by offering a small discount over the entire purchase price.
Improved Cash Flow
Cash transactions are settled immediately, and a discount may increase cash transactions, benefiting those that rely on steady cash flow.
Partners
Simplicity Payments streamlines commerce complexities, ensuring easy setup. Partnering with diverse organizations enables personalized solutions for your business’s distinct needs.