The Cash Discount Program allows you as a merchant to offset most of your merchant services fees.
It is a method of implementing a service fee to all customers, while providing a discount to those
who pay with cash.
Your posted prices for items will be the cash discount prices. Any customer paying with a card will
have a small service fee added to all of their transactions.
There are no extra fees for you as a merchant! In fact, you will be provided with tremendous
savings. Merchants pay a fee of $19.95 per month for your processing account. Your savings are
easy to calculate; if you paid $650 last month you will save up to $630 each month!
A surcharge is when the merchant increases the price for card purchases. A cash discount is when a
merchant provides a lower cost for cash prices, with the posted prices being cash. Although
seemingly similar, there is one major difference, surcharging can only be applied to credit cards and
no other forms of payment like debit or gift cards. The cash discount program allows for an increase
on any type of payment that is not cash.
The card associations have strict guidelines on how a cash discount program must be implemented.
1) Correct signage must be posted 2) The amount of the added service fee must be displayed on the
To be implemented correctly, you don’t need to change any of your prices. Simple signage needs to
be posted to make all customers aware of the 3.90% service charge to customers. Our technology
will add the required line item showing the service charge on the customers’ receipt.
With increasing costs for using an ATM, most customers will see a lower fee paying the small added
fee versus the cost of an ATM fee. This combined with the convenience of using a credit card and
fewer people carrying cash makes for a great solution to your customers!
No problem! We still have you covered! If the program isn’t for you we will gladly change your
account to a traditional merchant services account within the first 90 days. With Quantum’s low and
competitive pricing you will still be saving money!