Save Money on Credit Card Processing Fees
Why go through the hassle of hidden fees and unclear monthly report statements? With Enhanced Group Merchant Services, we guarantee business owners quick and secure transactions for every customer, however they choose to pay.
The Cash Discount Program Can Save You Money Today!
Our Cash Discount Program gives business owners the freedom to charge either a set amount per transaction or a percentage of the volume on the sale per each credit card transaction. This surcharge (that the customer takes on) can completely offset the cost your business pays for accepting credit cards.
Business owners can choose to charge customers between $.01-$1.00 per transaction or up to 4% on a credit card transaction.
Once you setup a merchant account with Enhanced Group, your business will receive a free countertop Verifone Vx520 machine or portable Verifone Vx680 payment system. The credit card equipment will arrive with signage, to be displayed both at the business entry point and at the point of sale, that will explain the cash discount program payment options. Customers will always know that if they choose to pay with cash there will be no service fees. The service fee will also be displayed as an added line item on the receipt for each transaction.
How Does Cash Discount Program Work?
The example below shows how the Cash Discount Program works on a percentage basis for a business. This give the business owner an example of how much one can save on credit card processing sales, while also earning profits that can be used towards monthly merchant services costs or any other fees on your account. After all rates and merchant account fees are paid, the remaining money will be a net profit to the business.