Eliminate Credit Card Processing Fees. Gives Your Customers More Choice
Eliminate up to 100% of your processing fees!
Are you ready to completely eliminate your credit card fees? We’ve created a way for you to collect 100% of your sales revenue by passing through a Cash Discount Fee to customers paying with checks, credit, or debit cards
The Cash Discount "Freedom of Fees" Program is a way for you as a merchant to offset some or all of your current merchant service fees without increasing your overall rates.
It is a method of implementing a service fee to all customers while giving a discount to those who pay with cash. Your posted rates now become the rate for those who pay with cash.
Those customers who pay with cash avoid the services fee and all others will see a line item added to their receipt. And they are willing to pay by cash.
The biggest reason businesses switch over to a cash discount program is because they can eliminate most – and in some cases all – of their credit card processing fees. The customers that pay with a credit card also pay for the credit card processing fees. This is a huge saving for small businesses that can then use these funds to expand operations, expand marketing efforts, or simply grow their savings.
When you work with a cash discount program, you are essentially offering your customers two different prices. Customers that pay with cash will pay a lower price – hence the “cash discount”. Customers that choose to pay with a credit card will pay a slightly higher price to cover the cost of processing. Your customers will ultimately have more options. You’ll also have the benefit of attracting bargain hunters!
Traditional processing fees are charged as a percentage of every transaction. This creates a lot of volatility and uncertainty for business owners looking to budget or plan ahead. Cash discount programs eliminate this issue, so you’ll have a more consistent view of your profit margins.
Cash discount programs ultimately make the payment process more simplistic for all parties involved. When customers are encouraged to pay with cash, you’ll significantly reduce the risk of chargebacks, pricing disputes, data breaches, fraud, and other complications.
From mobile payments to contactless payments – modern technology has increased the scope of payment methods. Nevertheless, there are still some benefits to holding onto good old-fashioned cash. When customers pay with cash you receive that payment instantly. There’s no waiting around for the transaction to process. However, you never want to strip your customers of the ability to pay by credit, which is why the Cash Discount Program is the ideal solution for all parties involved.
SBA Lynx Payment is a leading credit card processing company that offers one of the most incentivizing cash discount programs on the market. SBA Lynx Payment Cash Discount Program eliminates up to 100% of processing fees while enabling businesses to offer their customers a larger variety of payment options.
SBA Lynx Payment's technology makes it easy for you to offer your customers cash payments, contactless pay, mobile pay, gift cards, and credit card payments without charging you any of the hefty processing fees. By eliminating these fees entirely, you can save your business thousands of dollars per year.
SBA Lynx Payment also offers 24/7 customer service, transparent pricing, no setup costs, and will walk you through the setup process with a product professional for free. You’ll also have access to cash advances, free equipment, and other perks. Get in touch with SBA Lynx Payment to learn more about how a cash discount program can boost your business!
