Better Payments Solutions has introduced a cash discount program enabling small and medium-sized businesses in the U.S. to eliminate merchant credit card processing costs through a fully compliant, flexible solution tailored to diverse business needs.
-- Better Payments Solutions has announced a cash discount program designed to help small and medium-sized businesses eliminate 100% of merchant credit card processing fees, allowing them to shift transaction costs and save thousands of dollars annually.
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The announcement comes at a time when credit card processing costs are placing a significant and growing burden on SMBs. According to the Nilson Report, U.S. merchants paid over $172 billion in processing fees in 2023 alone, a figure that continues to rise alongside increasing card adoption. For small businesses operating on tight margins, these fees can represent a meaningful percentage of annual revenue.
Moreover, the average small business pays between 1.5% and 3.5% per transaction, costs that compound quickly across hundreds or thousands of monthly sales. With credit and debit cards now accounting for the majority of U.S. consumer transactions, business owners have had little choice but to absorb these expenses until now. Better Payments Solutions' cash discount program has been introduced to directly address this pressure by offering payment solutions that allow businesses to pass compliant surcharges to customers who choose to pay by card, while rewarding cash-paying customers with a discount, at no cost to the merchant.
The program is designed to serve businesses across all industries, whether operating in-store, online, or in a hybrid environment, says a company spokesperson. It requires no long-term contracts or hidden charges and is fully compliant with card network regulations. Business owners retain full control over their pricing strategy while gaining access to a transparent and straightforward payment infrastructure.
The team further highlights that, beyond the technology, Better Payment Solutions distinguishes itself through hands-on support. The company offers expert guidance on Point of Sale systems, on-site staff training, and 24/7 live customer support, ensuring businesses have the tools and assistance they need from day one.
Finally, the company spokesperson comments on the system's affordability, noting that small businesses using the program save an average of $7,500 annually, with some high-volume merchants saving up to $100,000 per year, freeing up capital that can be redirected toward growth and profitability.
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Contact Info:
Name: Charles Mckinnon
Email: Send Email
Organization: Northern Media Services
Address: 274 Cemetery Rd, Oswego, NY 13126, United States
Website: https://www.northernmediaservices.com/
Source: NewsNetwork
Release ID: 89194328
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