Retail Payment Processing

If you are the owner of a small retail business with a business bank account, you know that deciding on what type of payments you will take can be challenging. As you accept payments, you want to make things as convenient as you possibly can for your customers, but you do not want to pay high credit card processing fees. When you do business with Cashdiscountprogram.com, you will never have to pay cash processing fees. We are the payment processor you have been looking for! 

Dealing with cash can be risky because of theft and counterfeit bills. Taking credit cards is a must nowadays. That leads to a whole host of other challenges with credit card processing, though. If you want to accept credit card payments, you will have to sign on with a credit card processing company. 

Payment processing services offer you the ability to take credit card payments while giving your customers an extra level of data protection. A processing company acts as a liaison between you and your bank, making it simple to process payments of all kinds.

Different Retail Payment Systems

There are several different types of payment solutions that retail businesses can use. A professional payment processing company like ours can help you with any system you need.

Debit and Credit Cards

Everyone nowadays has at least one debit card. Most people have their wages directly deposited into their bank account and pay for everything with their debit card. Cash is a rarity in the pocket of the average American. Hence, it is very important to accept credit cards at your business. Credit card processing is not an option, it’s a necessity.

When you set up a merchant account, it will enable funds to be transferred into your business bank from your customer’s issuing credit card card bank account, a credit card processing company will handle all of the communications which will allow this process to flow smoothly. 

Our system also handles the batching of credit card transactions. At the end of the day, a merchant must submit all of the credit card transactions it has processed. The merchant will then categorize each payment by the credit card issuer. The merchant will then submit each batch of payments to the respective financial institution for payment. 

When you use cashdiscountprogram.com for credit card processing, we will batch and submit your payments for you. Once the bank pays the transaction, the batched funds will be deposited into your business bank account.

If you need to issue a refund, we will submit that information to the credit card issuer as well. The swiftness of your payout or refund will be determined by the financial institution. 

Gift Cards 

When a company wants to reward its employees, it will often give them gift cards. It is a great way to incentivize workers. Some people work in professions where they get tips in cash. If one of those folks is not near a branch of their bank and they do not want to carry cash for safety reasons, they may even buy themselves a gift card. 

Taking gift cards can be very lucrative for a business. We can help you process gift cards as well. Gift cards look just like credit cards. They have a credit card number and a security code. When they are issued by a major company or bank, they may even have an expiration date on them.

When a person uses a gift card, the money will be taken out of it right away. If a gift card is issued by a major provider, it should be processed in the same way a debit or credit card would be. 

Not only can Cashdiscountprogram.com process gift cards, but we can also help you create a gift card with our gift and loyalty program for your store. Offering a gift card is a fantastic way to advertise your business. It is also a way to get new customers into your store.

When customers pay with a gift card, they use the money spent on the purchase. This doesn’t always actually happen, though. When someone buys the card initially, you will get money whether or not the recipient ever uses the card. A person will often make repeated visits to a business to exhaust the balance of their card. If they go shopping with a friend, that card will bring even more people into the store.

A cash discount program will keep the card secure so you will never have to worry about paper-based fraud.

Automatic Debit Payments

There are many advantages to taking automatic payments. If you bill your clients for an ongoing service, they may take weeks or months to pay you. They may forget or they may intentionally neglect payment. When you use an automatic payment system, you will never have to worry about a customer forgetting or neglecting to pay you.

In some cases, a customer may lack the funds to pay you. Most banks will honor an automatic payment anyway. The customer will simply owe the money to the bank. You can set up automatic shipments to coincide with monthly payments. If you operate an online store that works on a subscription model, your customers can set up their automatic shipments and payments. You will make money without having to lift a finger.  

If you own a business that uses a subscription business model, a payment processing company can help you. 

EBT Payments 

Rather than cash payments, many people pay for groceries with food stamps. If you own a convenience store or grocery store, you can accept Electronic Benefit Transfer cards. The more forms of payment you take, the more business you will do. You will never have to worry about getting your payments when you take EBT. President Biden recently increased the amount of EBT payments. Your customers will have more money to spend.  

The EBT payment process works just like the credit card process does. The customer will pay with their card and we will batch all of the EBT payments together at the end of the day. The Snap office will be billed and your payment will be deposited in your bank account.

Customer Service 

One of the most frustrating things about using any new system is getting in touch with customer service if you have a problem. A company might not have a call center or that call center will have very limited hours. The representatives you talk to may not be very knowledgeable about their products.

We have a domestic based team of trained customer support specialists who are well-trained and knowledgeable about the product. We are available during business hours and we are eager to help you. 

How Can You Offer Zero Fee Processing?

There are some businesses out there that still do not take credit cards. This is because of the ridiculously high credit card processing fees some companies charge. You will never have to worry about paying these fees when you use the Cash Discount Program.

There are a couple of different ways you can avoid paying credit card fees. The precise method of how you will do this will depend upon the state in which you do business. In most states, you can add a surcharge to each purchase made with a credit card, so the customer pays the processing fees. This method is legal in all but two states. We are 100% compliant in every state in which we do business. If your business is in a state that does not allow a surcharge program, you can offer a cash discount.

We offer a point-of-sale system that makes it easy to add a surcharge or give a discount for cash payments.  It will update your inventory the second a sale is made. We use the most advanced technology in our retail POS System. You will never have to worry about accuracy when you accept payments through Cashdiscountprogram.com.

We know you work hard for your money. We want to make sure that you get 100% of your profits. Our program is fully legal and lets merchants keep the money they earn.

FAQs

Do you charge any set-up costs?

We never charge set-up fees. We will help you set up our free equipment absolutely free of charge. 

Do You Take Mobile Payments?

Yes, we do take a mobile payment. We also take online payments. We offer every convenience to you and your customers.

Can I use the POS equipment I have now?

Yes, you can use your POS systems already in place. We have a credit card terminal that we can provide you with. It is free of charge for all of our customers. Our system is set up for our cash discount program which can save you money. 

What kinds of fees do other companies charge?

There are many fees that you will not pay when you do business with us. When other processing companies batch your transactions by a financial Institution at the end of the day, they will often charge a batching fee for each bank but we do not. There are a lot of different banks out there and this can add up.

Many credit card companies will charge you a monthly flat fee just for using their services. We will never do this. 

Interchange fees are paid through a card issuer. You will owe a fee whenever a customer makes a purchase. This fee is eliminated with a zero-fee processing program because the customer will pay it for you.

What if I want to cancel?

We have a no-obligation cancellation policy. If you decide the service is not for you, we will not hold you accountable. We will never charge you a fee.

Why should I choose your company?

Our company can eliminate your merchant processing fees. We let you pass your fees on to the buyer. We accept all credit card brands. Our easy-to-use terminals will figure out the processing fee instantly and charge the fee to the customer. 
Accepting credit cards is essential to the success of your business. You should get to keep every dime that you work hard for. You won’t find a better payment processor than Cashdiscountprogram.com. You should contact us today.