How the Cash Discount Function Works

Pricing Adjustment

Adjust your prices to include a small increase to cover most of your expenses. For example, a kitchen towel that costs $10 is now priced at $10.40.

Cash, Check, or Debit
Card Transactions

When customers pay with cash, check, or debit card, select CASH/CHECK/PIN DEBIT on your device. The app automatically applies a Cash Discount, reducing the price back to $10.

Credit Card Transactions

When customers pay with a credit card, they pay the new price of $10.40. This helps cover your credit card processing fees.

Example Calculation

Imagine selling 5,000 kitchen towels a month at $10.40 each, resulting in $52,000 in sales. If all sales are paid by credit card, you incur about $2,000 in processing fees. With the Cash Discount app, nearly all of this expense is shared with your customers.

Yearly Calculation:

Over a year, this adds up to $624,000 in sales and approximately $24,000 in processing fees.

Industry Applications

The Cash Discount function is successful across various industries, including restaurants, bars, retail boutiques, beauty salons, auto repair shops, and more.