Payment Processing for Small Businesses: What They Don’t Tell You
Clearly Payments
FEBRUARY 10, 2025
Cash Discounting and Surcharging To offset processing costs, some businesses use cash discounting or surcharging: Cash Discounting Offering a small discount (usually 3-4%) for customers who pay with cash instead of a card. Contactless payments grew by 150% between 2020 and 2023.
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