Unlimited Payments for $60/Month

Cash Discount Processing helps businesses that are impacted by processing costs. Consider small ticket merchants like a street vendor, fast casual café or convenience store. With an average transaction size of $5.00, the underlying processing cost on a debit card used as a credit card would be $.2225 or 4.45% and before paying any additional monthly fees!

The direct impact to larger ticket business profit is also a huge difference. Average merchant costs for all bank card types is approximately 1.8%. Depending on the business, eliminating 1.8% of all bank card sales could equate to a double digit increase in EBITDA.

To correctly implement a Cash Discount program, you don’t need to change any of your prices. We will provide you with a new pricing notice that is clearly posted for your customers to read, stating that all transactions carry an increased customer service charge. The patented technology is provided by MercantileX in conjunction with our hardware and processing software.

Yes, our software and payment terminal can work in any environment. For complex integrated systems we can place your project in our development queue and get your Cash Discount processing running ASAP.

When a fee is incorrectly applied to a bank card transaction, that additional fee to a consumers is deemed a Surcharge. Surcharges are only legal in 10 States and is expressly forbidden by Visa, Mastercard.

Our Cash Discount Processing has been legally vetted with patented protection to correctly notify, display and account the consumers service fee. While sounding similar to a Surcharge Program, our process is distinctly different in that all sold products and services have an increased fee, however those who choose to pay with cash will receive a discount.

Additionally, merchants are forbidden by Visa, Mastercard to profit from credit card transaction fees. The MercantileX Cash Discount processing establishes legal notice, pricing, and accounting for your business to maintain prudence within all stated rules, regulations and guidelines.

You must have a US business address and a US bank account to process with MercantileX.

Nobody wants to pay additional fees. Consumer’s know that as a business you have to pay additional fees to accept their bank cards. They still want to collect fight miles or reward points. By passing the Cash Discount fee onto the sales transaction, it’s a small price to pay and easily adopted by customers. Cash Discount processing allows you to stay in business and keep your overall costs lower.

Surveys have shown that over 80% of consumers state they take no issue paying the small service fee (approximately $0.75 on every $20.00) for the convenience of using their bank card. As carrying cash is less common, ATM fees are consistent, and consumers are incentivized to use their rewards cards, adoption of Cash Discount processing is very high.

*No regret clause. MercantileX will back your decision to migrate to our Cash Discount processing, that if for any reason your business directly receives a negative impact in sales due to your customers rejecting the new service fee, we will immediately revert your processing to a standard contract and guarantee a processing costs less than your existing services.

Look we get it; by cancelling your existing contract there could be an Early Termination Fee that’s insultingly high. However, do the simple math. If you’re paying on average, $2000 in monthly fees for every $100,000.00 in sales, we can make those fees disappear… It’s a no brainer.

It's reconciliation! The total merchant processing fees (interchange + debit + transaction + monthly fees) that the banks charge, vary depending on over 600 different card payment scenarios. We take the total amount of all the Cash Discount service charges collected, and subtract it from all of the merchant processing costs.

We've done the market research with complex business cases to know the sweet spots on how to price the consumers service charge to cover all or most of your merchant processing costs.

As an exception to any rule: There are certain circumstances where a merchant that has lower sales volumes will not generate enough sales to cover the monthly minimum banking costs. There are also some merchants that neglect to register PCI compliances and those fees do get passed on. However a vast majority of our merchants see 100% of their processing cost eliminated.