CASH DISCOUNTING
FROM PARAMOUNT PAYMENT SYSTEMS
Are you ready to increase your profits? Stop paying merchant fees each month.
- No annual costs
- Unlimited credit card processing
- Free equipment
With Paramount’s Cash Discount program you will enjoy the same profit margins from cash payments as you do from non-cash payments.
Cash Discounting Is Simple:
We Provide You with What You Need
- Free signage explaining the program to your customers.
- POS and e-commerce programming
- Free equipment options.
Benefits of Cash Discounting
- $0 annual cost
- $0 Statement Fee
- $0 Batch Fee
- $0 PCI compliance Fee
How Does Cash Discounting Work?
At checkout, the terminal or POS system will know, in real-time, how to adjust each credit card transaction. The adjustment is a small % added to the customer sale on the receipt when using a credit card. When using cash, the customer does not pay this surcharge and thus gets a CASH DISCOUNT. This adjustment means, your customer is providing you the same profit margins, whether they pay in cash or not. It doesn’t get any easier than that.
You continue to price all of your merchandise assuming cash payment. If you have been charging your customers a higher price than you would like to charge because you knew many would pay with plastic, you can now offer the cash discount pricing on all advertised pricing. This would make your advertised pricing more competitive and attractive to your customers.
How Cash Discounting Is Fair to You and Your Customers.
Why Cash Discounting Is Fair to Your Customers:
CASH paying customers provide you with a 2-4% higher margin on every sale.
CREDIT CARD using customers cost you 2-4% on every sale.
The current way of taking cards is not fair to your cash paying customers. Many merchants mark up their products and/or services to offset the cost of credit card processing. This is an unfair markup to those customers who use cash as a form of payment since they do not cost you anything to accept their cash. Cash Discounting gives you an easy way to reward them for paying with cash. CASH DISCOUNTING is truly fair to all of your customers.
Why Cash Discounting Is Fair to You:
Your customers are incentivized to use credit cards even when they have cash, just so they can get the rewards points from their card. The consumer gets the rewards points which you pay for each month in merchant fees. These rewards are then used for airfare, vacations, gifts and all types of other benefits. Cash Discounting makes it fair to everyone. The one who gets the benefit absorb the costs.
Why Cash Discounting Is Right for You
As Consumers, We Already Pay These Type of Fees
We have all been paying utility bills, cell phone bills, buying gas and on occasion a hotel bill. Have you seen the extra fees and charges attributed to these and other bills we all pay? When was the last time you ever heard of anyone complain about any of the extra fees they pay? In fact, studies show that even though you will have signs up explaining Cash Discounting, only 1% of your customers will care or notice. Extra small fees are so common, no one cares.
- 0% PROCESSING
- FREE MACHINE