Cash Discount Program | Accept Credit Cards & No fees | Shift Processing

Keep your money. 

Stop paying processing fees.

Shift offers a cash discount program that will completely eliminate your processing fees.

Keep your money. Stop paying processing fees.

Shift offers a cash discount program that will completely eliminate your processing fees.

Aren't Cash discount programs and surcharge programs the same?

Business owners all over the world are checking out the cash discount program.

It’s not hard to understand why, since most business owners are losing anywhere between 2-4% in credit card processing fees with every transaction.

In a day and age where everyone wants things cheap and instantly, like same-day funding, it’s no surprise that cash discount credit card processing is on the rise.

Cash discount processing is gaining in popularity in the United States, but if you think about it, you’ve probably seen them around for decades.

Gas stations have used cash discounts on the price of gas for many years. If you pay with cash, it costs a little less per gallon. If you pay with a credit card or gift cards, the cost is as listed on the sign and on the pump.

What is a Cash Discount Program?

A cash discount program is a type of credit card processing that passes the cost of acceptance back to customers who choose to pay with a credit card or debit card. Cash discount merchant services allow business owners to continue to accept all major credit cards, but without the loss of 3-4% in fees.

**Do you currently know someone you'd like to refer this program to? Send us the referral, and if they sign up, we'll send you a gift card.

Get a FREE POS System!

You can get a Shift POS system or a countertop terminal completely free of charge when you switch your processing over to the Shift Cash Discount program.

*restrictions apply, call for details.

Get a FREE POS System!

You can get a Shift POS system or a countertop terminal completely free of charge when you switch your processing over to the Shift Cash Discount program.

*restrictions apply, call for details.

Keep 100% of your hard earned money with Cash Discount, the cheapest credit card processing available.

How does cash discount work?

Cash discounting works by giving a discount to all customers who choose to pay with cash instead of a credit card or debit card. Customers who choose to pay with a credit card will pay the marked amount because the processing cost is built into the cost of the product. This allows the business owner to get the full payment from the customer and not incur any credit card processing fees. READ BELOW to see an example of how a merchant cash discounting program works.

Read below to see an example of how a merchant cash discount program works.

Cash payment

A customer in a convenience store walks up to the register with $20 worth of goods. She notices a sign next to the register explaining that a 4% service charge is added to all store sales. By paying with cash, she gets an instant cash discount of 4%.

The attendant scans all of her products which come to a total of exactly $20.00.

The customer informs the clerk that she is going to be paying by cash, which makes her total $20.00.

Most banks also allow their customers to withdraw cash through a cash advance to make the money more accessible to the customer.

Realtime payments made in the form of cash will end up saving the customer some money. Using a credit card may result in simpler and faster payments, but they would be charged a small fee or surcharge for doing so.

A discount to customers paying with cash is given to the customer. It essentially rewards them for paying with cash. So, while credit card companies may prefer your customers to pay with cards, they will actually be rewarded for using cash.

Credit card payment

A customer in a convenience store walks up to the register with $20 worth of goods. She notices a sign next to the register explaining that a 4% service charge is added to all store sales. By paying with cash she gets an instant cash discount of 4%.

The attendant scans all of her products which come to a total of exactly $20.00.

The customer informs the clerk that she is going to pay with a credit card, and the total price of the goods changes, so she will be paying a total of $20.80.

The customer inserts their card into the terminal to pay for their goods, and is charged a total of $20.80 to cover the cost to accept credit.

The customer completes the transaction and leaves having paid $20.80 for $20 worth of goods, knowing that she could have saved 80 cents had she paid with cash.

The cash discount program allows the customer to pay with a credit card, just like normal. The difference is that they get the choice whether to incur the fee that would normally go to you, the business owner, or use cash for a discount.

In both of the above cases, the cost of the goods being brought to the register was exactly $20.00. This is what the business has set as the credit card price of the goods. The customer paying by cash has $.80 deducted from the transaction as a cash discount, rather than paying the extra 80 cents to cover the processing fee.

By paying with cash, the first customer saved 4% on their goods by purchasing them at the cash price.

Paying with a credit card may make for faster payments, but the second customer incurred the credit card processing fee and paid for the cost of processing a credit card payment so the business didn’t have to cover that cost.

By utilizing cash discount merchant processing, the business receives the full payment amount of each transaction without paying any credit card processing costs or fees.

As payments innovation continues to evolve, you will find your customers using credit cards as realtime payments more and more. This is because the payments innovation make paying with a card far more convenient for the buyer.

Click here to check out this case study of a business that’s using the cash discount program.

P.S. We even show you their statements.

Is It Legal To Offer A Cash Discount?

One of the most frequent questions we get is “Is cash discount legal?” 100% yes, our credit card cash discount program is legal, utilizing a cash discount at the point of sale is completely legal in all 50 states. A cash discount can easily be confused with a credit card fee or surcharge, which is legal in only 40 of the 50 United States. (Surcharging is illegal in Texas, Oklahoma, New York, Massachusetts, Maine, Kansas, Florida, Connecticut, Colorado and California.)

What is a surcharge program?

A surcharge program is a type of credit card processing where you charge the consumer an additional fee or surcharge on top of the cost of goods to cover the merchant processing cost. Surcharge programs are currently only legal in 40 states while cash discount programs are legal in all 50 states.

Giving discounts for cash is almost always better received by the customer when compared to adding a surcharge fee.

Is it legal to pass credit card fees to customers?

Yes, it is legal to pass credit card fees to customers. It is legal and compliant to pass fees on using surcharge fees and cash discount programs. Surcharge fees are legal in 40 states while cash discount programs are legal in all 50 states.

While it’s legal to pass credit card fees to customers, we may be asking the wrong question. The legality of passing fees to customers is covered by the Durbin Amendment as a part of the Dodd-Frank Law (financial reform act.)

What should be asked though is if the card brand will allow passing merchant service fees and processing costs to the customer. Before setting up a program for your business, it’s vital that you read the rules of acceptance with the major credit card providers.

What's the difference between a cash discount and surcharge program?

A cash discount program and a surcharge program are both payment systems that businesses use to recoup the merchant services fees that are charged each time a customer presents a credit card as a form of payment. A surcharge program adds on an additional fee at checkout to cover the merchant services fees. A true cash discount program gives the customer a discount for cash payment by avoiding any additional costs.

In many establishments that offer a cash discount program, the regular price or posted prices on each item are prices for credit card payment. Any payment card method other than cash keeps the price of goods the same to cover credit card processing costs, but using cash will reduce the cost by up to 4%. With our cash discount credit card processing, your customers will love you. When it comes to offering a credit card surcharge vs cash discount, which will your customer appreciate more? No one likes to feel nickeled and dimed with added fees (isn’t that why you’re here?), but everyone loves a discount.

Are debit cards subject to surcharge fees?

No, surcharge fees are not able to be applied to debit cards or other forms of prepaid cards, like gift cards. Surcharge fees are directed towards credit card purchases, not cash purchases, as a merchant savings from credit card fees. Debit card transactions are not charged the same fees and have a different fee structure from credit cards or gift cards. Debit cards are charged a flat fee when presented as a means of payment.

The prohibition on debit cards is nationwide while customers who pay using American Express, Discover, Visa and Mastercard can be subject to additional fees in certain states. Visa Mastercard and others within the payment card networks are able to have a surcharge added to their final total, but not debit cards.

Surcharge program fees are often referred to as customer service fees as they are associated with fixed costs.

What are the average fees for credit card processing?

The average fees for credit card processing fall in the 2-4% range for most businesses. Each merchant account has a set credit card transaction rate it charges qualified cards, mid-qualified cards and non-qualified cards. The rate differs in most cases on each credit card transaction. Actual payment processing fees and monthly fees are determined by the card types, and any merchant fees are added on top of the actual cost to process a credit payment.

A merchant's card volume and average ticket are taken into consideration by the merchant services provider to determine the fees that will be assessed to accept credit cards. Higher card volume and a low average ticket would be given a different rate percentage and swipe fee than those with low card volume and a higher average ticket.

Mobile payments and online payments through a virtual terminal also have a different fee structure depending on whether the card is present or absent during the transaction. The rate a business is charged is based on risk, but usually averages out to be between 2-4% of the transaction value.

Keep 100% of your hard earned money with Cash Discount, the cheapest credit card processing available.

The Benefits of a Cash Discount Program

  • All of your processing fees are gone forever. You never have to pay a processing fee again.
  • Your customers don’t have to pay processing fees unless they want to. If they decide the rewards on their card outweighs the cost of acceptance, they will pay with a card. If they want the cheapest price possible, paying with cash gives them what they want.
  • It’s easy to switch. You receive the signs for the store as required by law and the terminal is a breeze to setup.
  • Tips are excluded from the non-cash adjustment. If your business accepts tips, there is no additional charge on tip price to the customer or the business owner.
  • You’ll never need to switch processors again. When you pay nothing for your merchant services account, it can be the account you use for the life of your business. Imagine being able to tell credit and debit card salespeople that your cash discount merchant account costs you $0 every month. You’ll never have to argue with another credit card salesperson again.
  • Free Terminals are available. Based on your monthly processing volume, free terminals are available for your business designed to work with the true cash discount program.
  • Free Point of Sale Payment systems are available. Based on your monthly processing volume and business type, we have free point of sale systems for your business that work with the cash discount program.
  • No hidden fees. You won’t find any surprising line items on your statement that hide fees you shouldn’t be paying. Your statement will read $0 at the end of every month while you accept every type of major card brand as payment for your business.
  • Cash purchases are fantastic for fraud prevention. As most people carry cash, paying by cash means that you can test any bills right at the point of sale for fraud, and be certain that you're getting paid for each and every transaction. By maintaining PCI compliance rules, you'll be safe from fraud.

There's ZERO risk to try it out!

Unlike most merchant processors, we work only on month-to-month contracts. That isn’t just a marketing tool. We believe that if you don’t want to work with us, you shouldn’t have to. We don’t lock anyone into 3 year contracts or hide fees in legal mumbo jumbo in a 25 page contract.

If you want to see if cash discount program credit card processing is right for your business, it costs you nothing to give it a try. If you don’t like it for any reason, simply return the terminal to us and keep processing with your current processor.

Do you currently use a credit card processing cash discount program? Let us show you how we can get you a better deal, and if we can't get you a better deal, we'll send you a $500 Amazon gift card.

Find out how we’re different from other cash discounting credit card processing companies! Recent posts from our customers show how much they love us!

We want to take the risk out of experiencing what freedom from merchant processing fees feels like. If you’re ready to completely eliminate your processing fees, all it takes is a simple call or a quick fill in of the form below. Switching from other credit card companies will give you that freedom. You’re just 10 seconds away from never having to pay a processing fee ever again.