Bizzash Business Solutions, LLC about cash discount solution? Under the Dodd Frank Consumer Protection Act (2010)…when paying with a credit/debit card…a small “transaction fee” can be added to the sale amount. A “Cash Discount” occurs when the transaction fee is deducted from the sale amount for customers paying in cash. Cash discount programs accept all card payment types and does not favor one card type over another. Cash Discount programs have been available for years to higher education establishments, municipalities, gas stations, utility providers, online ticket sales, etc. However, in 2010 federal regulations changed allowing all types of businesses to use Cash Discount technology.
Finding the right bankcard solution is imperative to your business success. Bizzash.cash IS the Right Processing Solution. To this end, we understand that there is no “one-size-fits-all” solution to managing your business…nor should there be for your processing needs. Not only will we assist you in securing the right processing services…we will customize your program to fit your specific business needs. $370 Million in Funding is currently available via our processing platform. For businesses that meet the eligibility requirements these funds can be a lifesaver…keeping businesses afloat during these difficult times.
Merchant service providers are also known as payment services providers (PSPs) and payment processors. Firms who provide this service in the ecommerce world are known as payment gateway providers, since the “payment gateway” refers to the online equivalent of the point-of-sale system. Not every payment processing option offers the same value, and your business will have individualized needs. With all of the options available, many businesses are attracted to so-called “payment aggregators” which don’t usually offer a complete suite of merchant services. For example, platforms like these usually don’t offer businesses their own merchant account, nor do they have the service capabilities to offer a truly individualized solution that can grow along with your business.
Bizzash has over 30 years of business success. Our Founding Members are pioneers in the merchant services and business financing industries. During this time we’ve provided specialized financial products and services to thousands of businesses nationwide. Our partners are specialists in their respective fields and together we will help you navigate through any payment challenges your business may face. So whether you’re creating new revenue streams, implementing innovative technologies or streamlining your operations… Bizzash has the right e-payment solutions for your business.
The other activities you are involved with can offer discounts as well. You may be surprised to learn so many cost-savings options are available to you at the activities you are planning to do. Uber: Does not regularly provide senior discounts. However, the company has provided savings on uberSENIOR Day, which has been held on the first day of the month in limited markets. AT&T: Plans are available for seniors at reduced costs. Verizon: Verizon offers senior plans and discounts. The Verizon Nationwide 65 Plus Plan offers a discounted rate for seniors – this rate can change by area as well as over time. Comcast: Ask about availability of discounts. They change by location. T-Mobile: Seniors over 55 can sign up for unlimited talk, text, and LTE data for two lines for a set price of $60 per month. Sprint: Has a line of cell phones specially marketed to seniors that include easy to use, accessible features, such as TTY/TDD support, LED alerts, and 911 shortcut keys. However, the company doesn’t offer a senior discount on cell phone plans.
Technology helps with lower transaction costs by providing alternative payment processing methods such as routing avenues – which are tailored to meet up with the demands of the merchants’ and customers’ location. With this, retailers are equipped with the ability to route their payments between global financial institutions based in the locations of their customers to reduce cross-border transactions and currency conversion fees. This helps merchants engage better customer experiences which subsequently results in higher profit maximization.
Similarly with Bizzash.cash, when paying with a credit/debit card…a small service fee is added to each sale and paid directly to the card issuers: Visa, MC, AMEX & Discover. And, like gas stations, customers can avoid paying the service fee by paying cash! Bizzash “Cash Discount” is available in all 50 states and to the majority of business types: retail, mobile, online, Mail/Phone order and via virtual terminal & e-billing. Discover more information at Bizzash.