Better Payments Solutions has released a cash discounting program enabling U.S. merchants to offset rising credit card processing fees through compliant pricing strategies that incentivize customers to pay with cash.
-- Better Payments Solutions has announced the release of its cash discounting program, designed to help U.S.-based merchants reduce or eliminate credit card processing fees by offering customers a discount when paying with cash.
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According to the Merchants Payments Coalition, credit card swipe fees totaled $148.5 billion in 2024, up from $136 billion in 2023, and these fees were among the merchants’ highest operating costs after labor. With interchange fees typically ranging between 1.5% and 3.5% per transaction, the cumulative impact on small and mid-sized businesses is substantial, says a company spokesperson. Better Payments Solutions' cash discounting program has been introduced in direct response to demand from merchants seeking transparent, legally compliant alternatives to absorbing these costs.
The spokesperson notes that cash discounting, distinct from surcharging, allows merchants to post a higher standard price and offer a reduction to cash-paying customers, a practice that complies with card network guidelines when implemented correctly.
Better Payments Solutions' cash discounting program encompasses point-of-sale integration, staff training materials, and compliant signage to ensure merchants meet card brand requirements. According to the team, the program is compatible with a range of existing POS systems and is available to merchants across retail, food service, and service-based industries.
The team highlights that a dedicated onboarding specialist is assigned to each merchant account to guide businesses through setup, compliance verification, and staff readiness, ensuring a smooth transition from the outset. Implementation support remains available beyond the initial onboarding period, with support accessible for ongoing guidance as merchants adapt to the new pricing model.
Better Payment Solutions also offers a broader suite of payment processing services, including merchant accounts, point-of-sale hardware, and related financial technology tools tailored to the operational needs of small and mid-sized enterprises across the United States. The organization's representative notes that the cash discounting program is designed to integrate seamlessly within this wider service offering, allowing merchants to manage their payment infrastructure through a single provider.
Businesses interested in learning more about the cash discounting program or exploring whether it is suitable for their operations may visit https://quicsuite.myclickfunnels.com/landing-page
Contact Info:
Name: Charles Mckinnon
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Organization: Northern Media Services
Address: 274 Cemetery Rd, Oswego, NY 13126, United States
Website: https://www.northernmediaservices.com/
Source: PressCable
Release ID: 89188554
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