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What is a cash discount program?

/What is a cash discount program?
What is a cash discount program?2019-03-25T19:02:46+00:00
Your Credit Card Processing is Costing You $48,000/year. Consider this...In 2015, Americans spent a total of $2.4 trillion in cash and $5.5 trillion with cards. That means credit is the preferred way to pay BUT businesses LOSE significant profit on credit card processing. Every time a customer swipes a credit card, you're losing 3-4% per transaction with fees on top! Let's take a deeper look...Let's say your business accepts $100,000 per month or $1.2 million per year in credit card sales. Since you'll pay 3-4% in credit card processing fees, you're losing as much as $48,000 per year in profits. You could hire another employee with that money. But it doesn't have to be this way...there's another way to process your credit card transactions. By offering what's called a cash discount program, Nadapayments gives your customers the option to pay in cash and save that 4%. Here's what other business owners have done with their extra $48,000: *Hired a new employee *Bought new inventory and equipment *Invested in technology for their business *Renovated their store *Finally took a great vacation. Want to learn more? Go to www.nadapayments.com.
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