Cash discount reseller program from Shaw Merchant Group

Finance

Cash discount reseller program and selling tricks? With the EDGE cash discounting program, paying for an item with cash will be relatively unchanged. Customers will see the advertised price of the item, go to the register, hand the cashier their cash, and purchase their item. No additional fee or surcharge will be placed upon the consumer. The merchant won’t have any processing fees for this transaction and the customer will also be able to escape without paying any fees.

Highlight your strengths and differentiators that set you apart from the competition. Motivate prospective customers to learn more. Your value proposition should be comprehensive, yet brief, and solve specific pain points for the customer. When possible, quantify value for your customers—provide a concrete and tangible ROI. And of course, continually reinforce your values to the customer.

How the Cash Discount Merchant Services Work? The process is simple. Just let us know you want to be a part of the Cash Discount Merchant Services. We’ll provide you with signage that states the percentage credit card customers will pay if they pay with a credit card. You go about business as normal, processing payments as you normally do. If you have a credit card paying customer, our terminal will calculate the fee for you. There’s no extra work on your part, and you reward the cash-paying customers with a discount – it’s that easy. See additional information on Cash Discount Merchant Services.

Be proactive: Clients want to know that you’re thinking about them. They want to feel special. Too often financial advisors and bankers let too much time pass between talking to their current clients because they don’t want to be viewed as a pest or come across too salesy. However, your clients want your advice. Be proactive and give it to them. If you read something on LinkedIn’s Financial Services blog that you think is applicable, send it along. If one of your clients is looking to expand in the Chinese market and you read an article about U.S. companies trying to break through, highlight the important part and suggest a phone call to discuss the implications. Don’t sit back and wait for your clients to reach out to you. Stay in constant contact. This will strengthen your relationships, help you uncover new opportunities, and protect your clients from your competitors.

Many people can appreciate saving a bit of money. Many business owners recognize that senior citizens do not always have the flexible spending options that those who are younger have. They still want your business. As a result, they may offer a discount or a small savings for using their service. Senior discounts range widely. Senior discounts can apply to everything from medical alert systems to internet service. There is no legal requirement for any location to offer them. However, many don’t advertise them thoroughly. Ask about them whenever you visit an establishment. It could save you a significant amount of money quickly. KFC: Individuals get a small drink with any meal purchased here. Jack in the Box: This location offers up to 20 percent off meals. Texas Roadhouse: Seniors may be able to find discounts through a senior menu provided. Wendy’s: Seniors can receive discounts, but these vary according to age and location. Chili’s: Seniors over 55 are eligible to receive 10 percent off of their bill. Dairy Queen: Seniors are eligible to receive 10 percent off at some locations, while other locations offer a free small drink to seniors with an additional purchase. AMC: Senior pricing on tickets is available for most shows. Discounts are up to 30 percent off. Cinemark: Senior discounts are available for early shows. Discounts here are up to 35 percent.

Let’s Make Things Easier With an Example: A store sells baseball gloves at the price of $10 each. There’s a signage on the door that says, ‘We have a discount on cash payment while all credit card payments will be made on full price”. Now, if the payment is made via credit card, you will charge $10.5, which the customer will assume is the actual non-discounted cost of the gloves. Now let’s put this example in our previous 7 Eleven kind of store scenario. Here, we will have a 4% surcharge on credit card payment instead of $0.50 from the example because we are allowed to have a 4% charge max. So if the baseball gloves seller is doing $10k a month in credit card payments, we will tell him that instead of paying a $300 fee from your pocket, you put a 4% fee on credit card payments. Find extra info on this website.