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.