What Is a Cash Discounting Program and How Does It Work?

If you’re a business owner, you’ve likely felt the pain of rising credit card processing fees. These fees chip away at your profits—often unnoticed until you see the totals at the end of the month. That’s where the Cash Discounting Program can change the game.

💳 Why Credit Card Fees Hurt Your Bottom Line

Credit card processors typically charge 2.5% to 4% per transaction. On $20,000 in monthly credit card sales, that’s $600 to $800 per month just in fees—money you’re handing over for every swipe.

💡 What Is Cash Discounting?

A Cash Discount Program is a pricing strategy that helps you offset these fees by:

• Slightly increasing the listed prices of your items (to include the average card processing fee).

• Offering a discount (usually around 4%) to customers who pay with cash, check, or debit card.

For example:

• Posted price: $10.40 (includes fee)

• Cash price: $10.00 (after discount)

This way:

• Cash-paying customers get rewarded

• Credit card users cover the processing fee

• You keep 100% of your sale value

✅ Is It Legal?

Yes! The Durbin Amendment allows businesses to offer a discount for non-credit payments. As long as you post signage and make the discount clear, you’re operating within federal guidelines.

🛠️ Why You Need the Right POS System

Trying to manage cash discounting manually is a hassle—and risky if you make mistakes. That’s why you need a POS system like Piggy Bank POS, which handles everything automatically:

• Adjusts prices at checkout

• Applies discounts properly

• Keeps receipts compliant

• Posts signage for transparency

💰 See the Savings

If you’re doing $30,000/month in card transactions, a Cash Discount Program could save you over $1,000 every single month—that’s $12,000+ per year back in your business.

🚀 Start Saving with Piggy Bank POS

Piggy Bank POS makes Cash Discounting simple, legal, and fully automated. You keep more of what you earn, with no changes to your workflow.

Plus, it comes packed with powerful features like payment processing, marketing tools, inventory management, CRM, analytics, and more to streamline your business operations from one easy-to-use platform.

👉 Ready to cut your fees for good? Visit:
👉 www.piggybankpos.com

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