Cash Discount = FREE Processing

Increase sales and cut costs with our trusted cash discount program designed for businesses like yours.

SpotOn can eliminate up to 100% of your processing fees while rewarding your cash paying customers.

SpotOn Assist can once and for all eliminate all your processing fees

With SpotOn's cash discount program, SpotOn Assist, you never have to worry about processing fees.

  • 100% legal and available in all 50 states

  • Eliminate up to 100% of processing fees

  • Next day funding

  • NO transaction fees!

  • NO junk fees!

  • NO contracts!

What is Cash Discount?

Cash discount is a program that allows businesses to provide a discount to customers who purchase a product or service with cash. Customers who purchase a product or service with a credit card will not receive the discount.

Key to Success

For the business to truly offset credit card processing fees, the business needs to raise the 'full price' of their products/services by as much as 4% (i.e. equal to the cash discount rate) at the onset of their program. That 4% increase is then used by SpotOn to offset nearly all of their credit card processing fees, including interchange rates.

Accept payments, offset fees, increase sales

  • Save hundreds per month on card transaction fees.

  • Increase average spend by 20% with credit versus cash transactions.

  • Reduce fraud risk with an EMV- and NFC-enabled terminal.

  • Grow revenue with SpotOn’s all-in-one digital platform.

  • Keep your customers happy by offering a discount on cash purchases.

How it works

  1. SpotOn equips you with a cutting-edge payment terminal that automatically offers a discount to cash-paying customers.

  2. We help you adjust your regular pricing to offset processing costs.

  3. We help you communicate your pricing to customers, making your program compliant and your customers happy.

Minimizing business expenditures is always important, but now more than ever, many business owners are exploring cash discount and surcharge programs as a way to offset credit card processing costs.

However, there’s a fine line between compliance and a non-compliance. It’s easy to find yourself on the wrong side of the credit card brands or even state and local regulations, as more companies jump on the cash discount bandwagon and offer confusing or misleading programs.

To help you make the right decision for your business, here’s why SpotOn typically recommends SpotOn Assist, our cash discount program, rather than a surcharge program.

Is this program legal?

YES! Cash discounting is legal in all 50 states.

The 2010 Dodd-Frank Law, in the Durbin Amendment, legally permits business to provide a discount as an incentive to use a method of payment other than credit cards, including cash.

A discount, as defined in the Durbin Amendment, is “a reduction made from the price that customers are informed is the regular price... [and] does not include any means of increasing the price that customers are informed is the regular price.”

Is this like a surcharge?

NO! A surcharge is a small fee added to a customer’s purchase cost for the “privilege” of using a credit card, which can then be used to cover the cost of credit card processing.

  • Surcharging is prohibited in 10 states, including Connecticut, Massachusetts and New York

  • Credit card brands (Visa, Mastercard, Discover, American Express, etc.) either prohibit surcharges or require that merchants notify them when implementing surcharges, so as to protect their own reputation

  • Customers don’t like being charged extra to use a card, whereas getting a discount for using cash is a positive incentive

How SpotOn Assist Benefits Businesses

SpotOn Assist can help businesses save hundreds if not thousands of dollars per month, depending on their monthly processing volume and transaction count.

Top 3 Reasons Businesses Enroll in SpotOn Assist:

  1. Reduce existing credit card processing fees

  • Credit card processing fees range from 1.3% to 3.4% plus the payment processor’s cut

  • A typical liquor store processing 46 transactions a day at an average ticket price of $23 would pay $984 in monthly credit card fees if processing with a competitor at a rate of 2.6% + 10c

2. Upgrade from a cash-only business

  • 44% of people carry $20 or less, and 9% of people don't carry cash at all

  • Credit transactions are 120% higher than cash transactions, on average

  • 56% of small businesses still do not accept EMV chip cards, despite the fact that being EMV-compliant can decrease fraud by as much as 60%

3. Grow their business with a digital platform

  • 61% of consumers want to receive marketing emails from their favorite brands

  • Improving a business's Yelp score by 1 start can boost revenue by 5% - 9%

  • Increasing customer retention by only 5% can improve profits by 25% - 95%

Think of it this way...

✅ Do you own a small business?

✅ Do you accept credit card payments?

❌ Do you enjoy paying processing fees?

Processing fees can be some of the highest expenses for​ small businesses​.​ You accept credit cards as a convenience to your customers, ​yet your customers are the ones being rewarded with sky miles while ​you pay the​ir​ processing fees! Wait? What?​ Have you ever asked yourself why you pay for your customers vacations​?!​


💰Reward yourself by keeping your hard earned money!​

What businesses are ideal for cash discount?

A cash discount program is most ideal for businesses with low ticket sales, since you are passing your merchant processing fees to your customer. Here are some examples:

The 'New Normal' with COVID-19

For the small business owner who has suffered unprecedented financial losses as a result of the pandemic, and needs to optimize every penny to keep their business afloat, should they continue to pay for these credit card fees?

Cash discount becomes an excellent solution. By passing the credit card fees directly to the customers, business owners can actually put back that money back in their pocket, or reinvest in the business, or pay back loans, or use for payroll, etc.

Furthermore, customers are more understanding than ever following this pandemic, and have more empathy towards the small business owner, and thus will actually be more willing to pay this "convenience fee." Especially those loyal customers.

There may have been no better time or motivation to switch to cash discount than today!