Will I still pay processing fees if I'm on a Cash Discount program?
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The main benefit of Cash Discount is that it helps you offset or eliminate credit card processing costs, so you can keep more of what you earn.
With Cash Discount, your listed prices include the cost of processing. When customers pay with a credit card, they pay the full listed price. If they pay with cash or debit, they receive a discount at checkout. This approach allows your business to recover the cost of card acceptance, so you're not absorbing those fees.
Keep in mind that:
- Administrative or monthly service fees may still apply depending on your provider.
- Network or regulatory fees might still be passed through in some setups.