Zero Fee Payment Processing
- Cash Discount & Credit Surcharge
- Proprietary Software
- Mobile Payment Solutions
We've Selected The Best
Zero Fee Payment Processors
- Rate Lock Guarantee
- Extensive Equipment Offerings
- Proprietary POS
XeroPoint. Cash Discount
- Free XeroPoint Terminal
- Fully Compliant
- No Statement Fees
- No PCI Fee
- $0.00 Monthly Fee
- Free Signage
- A+ BBB Rating
- Cash Discount and Surcharge programs
- Next Day Funding
- 24/7 Customer Support
- Point of Sale provider for Clover, Paradise POS, and Poynt
- Payment processing industry leader for nearly two decades
Slice came into being at the beginning of 2019 and has dedicated itself primarily to merchants looking to reduce their fees. [...] Read More
BLUEDOG Cash Discount
- Free Terminal**
- Terminal & POS Options
- No PCI Fee
- Next Day Funding
- 24/7 Customer Support
- Fully Compliant Program
Choose A Processor
Display signage to make your customers aware of the benefit and savings
There are multiple terminals and point of sale systems that support cash discounts
It's Easy To Make The Switch
Take Back Your Revenue!
How Cash Discount Works
There are a variety of terminals to choose from, depending on your business needs. The equipment may be able to integrate with your existing system!
Select an expert provider from our list. They will set you up with a merchant account, cash discount compatible equipment, required signage for entry ways and point-of-sale locations. That's it!
Ditch Traditional Processing & Keep
Cash Discount Can Benefit
Businesses Of All Types
This program is completely legal and is acceptable to offer a discount to customers for paying cash or charging them the “regular price” at the credit card terminal. If processing costs are built into your prices, it is possible that surcharging will allow you to lower prices across the board. This, in turn, could make your business more competitive, especially if most of your customers pay with cash, check, or debit card.
As stated in the Durbin Amendment (part of the 2010 Dodd-Frank law) businesses are permitted to offer a discount to customers as an incentive and to encourage customers to pay by alternative methods other than a credit/debit cards including either checks or cash in order to automatically receive a discount which is applied at the time of sale.
Under the Durbin Amendment there is no distinction between using a PIN or not and if the card is a bank debit card it is always considered a debit transaction – with or without a PIN number and never would such a transaction be considered a credit sale.
As of January 27, 2013 several Card industry changes went into effect with regards to the credit card company’s federal class action litigation settlement. The settlement requires Visa and MasterCard to change some rules for merchants who accept their cards, including allowing merchants to “offer discounts to customers who pay with payment forms less expensive than Bank Debit cards”.
1. Clear and conspicuous signage is required by law to be displayed at the business entry point and at the point-of-sale to easily and accurately explain the discount program payment options – if a customer “chooses to pay with cash or check the service charge is discounted”.
2. The customer service fee or discounted amount must be present on any generated receipts from the transaction. Cash Discount compatible device software provides customer receipts that clearly outline:
- Base Cost
- Cash Discount
- Total Sale
Is Cash Discount Legal?
And Keep Your Revenue
Eliminate Your Credit Card Processing Fees!
Copyright © 2019 Cash Discount, LLC
Slice came into being at the beginning of 2019 and has dedicated itself primarily to merchants looking to reduce their fees. Understand, however, that though Slice is a newer entity, the management team has 25 years of combined experience serving merchants in the payments industry. Slice is accredited with the BBB and has a rating of A- with two 5-star reviews and no customer complaint – so they’re off to a great start.
The first thing we want to point out about Slice Business Marketing Inc. is that they are first and foremost a cash discount-oriented company. Their main focus is to work with merchants that share their same vision in cutting back fees to as little as possible. Their goal, as shown on their site, is to provide a merchant with zero processing fees. Now, that may not always or ever be the case, but that’s what they are committed to doing and it’s only through a qualified cash discount program that merchants can accomplish it.
When you partner with Slice, you benefit from their proprietary software that gets you started immediately offering cash discount, as well as ensures you’re compliant to legislative and card brand requirements.
They are saddled with Wells Fargo which goes to show there is plenty of business credibility for you to share in. When you look at what all they offer, it’s clear to see that they have thought a lot of things through to make sure the merchant is confident in the solutions, as well as has access the options they may need without having to piece a solution together from multiple resources.
Another piece they offer is working capital. Some agents represent a one-product ISO which limits your options as your business evolves and grows. You’ll want to consider where your business is going and what options you’ll need and whether your current processor can manage those transitions for you? Having this option at your fingertips can help obtain capital from someone who knows your business and knows how to get it to you quickly.
As an added benefit, they’re very familiar with traditional processing and surcharging so they can counsel with you on what is the best method for you to transact business to keep fees down and stay within regulations. Our experience in communicating with them has been excellent! They are a hungry firm, not for your money, but to share what they’ve learned in this exciting time where cash discount programs are taking flight.
Slice offers the following options:
Standalone terminals – Pax and Dejavoo
CloverTM POS Family
All of their services are focused on reducing or eliminating your processing fees where possible:
Business Capital up to $500,000
Credit & Debit Card Processing
Responsiveness is the word that comes to our mind. They are anxious to help their clients get started, of course, and keep running! From what we have experienced with the management team and their past reputation, they employ hard working associates that will chase down a solution and make sure their merchant is protected. No processor will ever be perfect, but it’s apparent they are aimed for perfection and have the merchant’s loyalty in mind.
To back that up, you can reach them by email or form on their site, as well as they have a phone number that will ring to an available agent to ensure your needs are met as quickly as possible.
We love what Slice is doing! We love how versatile they are and that they’re not held back by traditional bureaucracy. The landscape is changing in the payments industry and merchants need someone who can adapt, Slice is that option. They are a great option for any size business whether you’re looking for cash discount processing, add-on features, or business capital.
They are focused on getting a merchant on a zero-fee program which is great news for the segment this really applies to. However, if you discover that a cash discount program isn’t a good fit, then you still have all of the options at your fingertips. We like their approach, feel they have the infrastructure to support merchants completely, and are really excited to see how they progress.