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Get to know Clearent’s Cash Discount Program.
Did you know that as part of the Durbin Amendment, it is now legal for businesses to offer a discount to customers who pay by cash or check, instead of with a credit or debit card?
With Clearent’s Cash Discount Program, you can offset some of your credit card processing costs by adding a customizable service fee to all credit and debit card transactions. You can then reward customers who pay by cash or check by giving them a discount. This helps you keep more money in your pocket each month. Cha-ching.
Our promise to you
No hidden fees
Accept all card types and ways to pay
Friendly, reliable customer service
24/7 access to your account
Inside our Cash Discount Program Legally Share Processing Fees with Customers
Thanks to the Durbin amendment of the 2010 Dodd-Frank law, business owners have a completely legal way to pass on all or a percentage of their processing costs to their customers.
Cash Discounts are Not Surcharges
A cash discount is when a business owner offers a discount to a customer who pays by cash or check. A surcharge is when the business adds an additional fee to purchases made with a credit card. Surcharges are prohibited on debit card transactions and also have
. other stipulations Customize the Amount you Charge
Get the freedom to choose which fee structure works best for your business and your average ticket size. You can charge a flat fee or a percentage.
Clearly List All Service Charges and Discounts on Your Receipts
At Clearent, we take an honest approach to pricing, and our Cash Discount Program helps you do the same with your customers by clearly listing your service fee/charge and cash discount on customer receipts.
Get Free Signage
In order to properly implement a Cash Discount Program, you are required to post signage at the entrance of your business and at the register. We make notifying your customers easy thanks to our
. free customizable signage
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Take the Next Step
Let us show you how to offer your customers a discount on cash and check payments and keep more of your profits where they belong - in your pocket.
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