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Also known as cash discounting, our dual pricing feature allows you to accept all forms of payment — including credit cards — without incurring any of the costs to your business.
Credit card processing can cost your business nothing! As long as your POS system has dual pricing baked in, you can seamlessly offer options to pass the cost of processing onto your customers. See how POS Nation makes this possible:
Transcript:
We offer a unique feature called dual pricing — which allows you to save money by passing the cost of credit card processing to your customers.
If you decide to leverage dual pricing for your store, you’ll offer customers using cash a discounted price on their purchase. Customers using a card will pay the standard, non-discounted price that appears on your shelf label.
Offering dual pricing helps offset your business’ payment processing fees and motivates your shoppers to use cash rather than a card. Make sure to place signage at your entrance and checkout counter to let your customers know that your store offers dual pricing!
Now, let’s take a look at how the integrated dual pricing feature works.
We’ll set up your account with the ideal processing rate, which is then applied only to credit card transactions.
Once you’re all set up, you’ll see a pop-up box on the tender screen that shows the transaction total, a “service fee,” and the cash and credit options.
Your end-of-day report will display the cash discount fee and other related discounts so that you can track how much you’re saving on processing fees.
We can’t wait to talk to you about how dual pricing can make a difference for your small business.
What is Dual Pricing?
To put it simply, processing fees are passed on to your customers who use credit cards so you don't take the financial hit, rather than your business paying for a percentage of each credit card transaction. For more information or to learn if dual pricing , formerly known as cash discounting is right for your small business, check out this quick one-sheeter.
How Much Does This Feature Cost?
Depending on your payment processor and POS provider, this shouldn't cost you a thing! With POS Nation and our preferred providers, we offer dual pricing as part of your system.
Which Businesses Benefit from Dual Pricing?
Dual Pricing can work for almost every business, but here are a few things to consider:
To learn more about cash discounting, check out this article!
Here are a few of our other features we think you'll enjoy...
Making ringing up discounts on multiple items easier for cashiers, and faster for customers.
Offer a safer way to cash out with contactless pay, including mobile and tap-to-pay options.
Selling individual items from packs, cases, and cartons no longer has to be an inventory nightmare.
Selecting the right POS solution for your business might feel overwhelming. It doesn’t have to be.
Click below to view pricing and build the POS solution your business and customers deserve, or give us a call at 1-877-727-3548 to get started.
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