If you are looking for a high value solution to offer your merchants, then a Cash Discount Program ISO that is Selling Cash Discount Program is a great way to do so. Cash Discount Programs are more and more common among the business world which significantly sees Credit Card as a potential barrier to their success.
Before you start approaching your merchants and appealing using the right Cash Discount Program is very essential in the process.
What is Cash Discounting?
Before you stand before your clients with a speech/ideas in hand to pitch in, you should make sure that your client has a clear image of Cash Discounting or Cash Discount Programs. This is a very thoughtful process of eliminating the burden of Credit Card Processing fees and discourage the customers to pay with cards by burdening them with surcharges. It encourages people to purchase with cash making it a lot easier for the merchants to maintain their accounts without being forced to pay any additional “swipe fees”.
North American Bancard is what you are lacking if you are looking for the best Cash Discount Agent Program in the market of Merchant Services Sales.
Following are the features and benefits you can gain from this Cash Discount ISO Program.
It is easy to start: Merchants might be sceptical about taking the leap of faith from marketing a technical standpoint. However, we make sure that the transition is smooth and hassle-free for our partners making it easy to use a cash discount program than what they thought.
We offer a wide range of business benefits:
If you are willing to sell Cash Discount Programs to your merchants, then you can have an endless list of benefits to address them that are going to enhance their business with our program.
- A good cash flow/Acceptance of more cash: As discussed earlier in the beginning that using a Cash Discount Program will not only increase the cash growth in your accounts but also maintain a a good and stable cash flow as you will not have to spend from your revenues on Credit Card Processing fees. Also, your customers are well encouraged to opt for the cash option instead. So undoubtedly your business stands in a firm position with time.
- Reduction of fees: Even though it is redundant as a point, we cannot stress enough on the fact that using a suitable program will reduce the unnecessary fees or charges that are applied on merchants based on the frequent usage of Credit Cards. This stores your profit intact which is a box to be ticked if you want your business to grow fast.
- More Discounts for your Customers: Offering frequent discounts to new customers not only gravitate them towards your business but also keeps the existing ones in a happy state which reinsures your overall customer strength. “Treating” your customers with discounts that are only available for the Cash mode of payment can be done through our Cash Discounting Program as well.