BOSTON MERCHANT SERVICE
  • Services
    • EMV chip readers integration
    • Statement Analysis
    • Apple Pay/Contactless Payments
    • Cash Discount Program
  • POS for Restaurants
    • EMV Integrations to POS
  • POS for Retail
  • News blog

Cash Discount Program

Our company offers merchants the opportunity to avoid surcharges and credit card fees and instead incorporate them into the total sale that your customers are paying.
 
Cash Discount is an innovative program that is recently available for all merchants across the United States. Many merchants join this program each day since its introduction and allowance in 2019.
​
The Cash Advantage or Surcharging Program helps merchants bypass paying credit card fees by shifting them to the customers who pay with their credit and debit cards.

​Customers have the option to either pay with their card of choice and be charged a small fee, or they can pay with cash and avoid the additional charge altogether.
Merchants who use the Cash Discount or Surcharging Program have their payment terminals programmed with a 4 percent surcharge on top of the original price when customers pay with cards.

The Cash Discount Program is fully legal in Massachusetts. We have dozens of merchant customers who are happy they opted to use it as they now pay absolutely no credit card fees. The customers are aware of this program and are prompt to use more cash.
Picture
Example
The merchant runs the card for a $100 sale.  The cardholder is then charged a total of $104.
If we then take 4% out of the $104 transaction the business owner will pay $4.16 in fees - an effective rate of 4.16%
$104 * 4% = $4.16
$104 - $4.16 = $99.84 deposit

If we instead take 3.84% of the transaction out then the business owner pays $4.00 in fees on the $104 sale. 
$104 * 3.84% = $4
$104 - $4 = $100 deposit.

This ends up being a 4% charge on the original $100 sale.  The business owner is charging 4% to the client and exactly 4% is being paid to offset by the 3.84% processing charge. 

Picture

Contact us

Submit
Contact information
​Boston, MA
Canton, MA
New York, NY


​
​Email: martemenko@beaconpayments.com
Phone: 857-236-0941
Merchant Support: 1-800-654-9256
Hours of operation
Monday            8 am - 8 pm
Tuesday            8 am - 8 pm
Wednesday      8 am - 8 pm
Thursday          8 am - 8 pm
Friday                8 am - 8 pm
Saturday           9 am - 1 pm 
​Sunday               closed           

Client support is available 24/7/365
Quick links
​For POS dealers
​For Accounting/Bookkeeping firms
For ISOs 

​Trusted partners​

0% fees for Merchants
Statement analysis
Boston Merchant Service is an independent sales and service company for Beacon Payments LLC.
​Beacon Payments LLC is a registered ISO of Wells Fargo Bank, N.A., Walnut Creek, CA.. 25 Temple Pl, Suite 2L, Boston, MA 02111
Picture
Picture
Picture
Picture
  • Services
    • EMV chip readers integration
    • Statement Analysis
    • Apple Pay/Contactless Payments
    • Cash Discount Program
  • POS for Restaurants
    • EMV Integrations to POS
  • POS for Retail
  • News blog
Live Chat ×

Connecting

You: ::content::
::agent_name:: ::content::
::content::
::content::