THE GENERAL STORE CASH DISCOUNT PROGRAM

ELIMINATE MERCHANT SERVICES FEES FOREVER

In order for any retail business to remain competitive, processing credit cards is essential. Yet for some merchants, the fees and rates can be more trouble than they’re worth. Interchange rates and processing fees are not static and can be subject to fluctuations, depending on the card type, average ticket amount, and average volume of the retail store. That’s why The General Store together with BlockChyp, offer merchants a comprehensive solution to eliminate these fees with our Cash Discount Program. This program takes the burden off merchants, and instead passes the fees onto their customers through a service charge. Customers are incentivized to pay with cash, and merchants can keep 100% of their sale on your credit card transactions. Simple. Legal. Effective.

cash and card payment with chip and pin machine in shop

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BUSINESS BENEFITS

KEEP 100% OF THE SALE

With our cash discount program, you don’t have to worry about losing sales when customers don’t want to hit a minimum purchase price to run a credit transaction, and you don’t have to mark up your prices in order to cover the cost of card processing. Customers pay one low flat amount as a service charge, and you keep the entire sale on your credit card transactions and only pay a small fee for debit card transactions.

ELIMINATE PROCESSING COST

By charging customers for the convenience of using a credit or debit card for payment, you encourage your customers to pay with cash, allowing them to receive an automatic discount. Customers pay up to a 3.99% service charge, which is applied to their transaction, and you can eliminate that monthly bill forever.

MAKE BETTER DECISIONS

Many customers prefer to pay by card, especially with eCommerce transactions. Now, you can accept credit cards for transactions without paying a service fee or requiring a minimum purchase. This allows you to easily increase your revenue opportunities while reducing your costs.

Credit and debit cards are the most preferred customer payment methods, and by accepting them you can future-proof your business while still rewarding your cash-carrying customers. Our payment processing partnership and cash discount program even allows you to enable other payment methods, including cash, credit, debit, mobile wallets like Apple and Google Pay, and EMV chip cards.

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CASH DISCOUNT PROGRAM FEATURES

Easy-to-read statement for merchants
Transaction total charged as one amount and stated on customer receipt
Stable, locked-in rate
Individual numerical rate assigned to each merchant identification number
Rates for sales reps and merchants pre-programmed on terminals
Batch funds can be received in one business day
Purchase or receive a FREE terminal
Powerful payment processing with BlockChyp

INCREASE SALES.
LOWER OVERHEAD.

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