Verisave’s Post

Here's how credit card machines can save your business money: When customers pay with a credit/debit card, businesses usually incur a 3.4% processing fee. For instance, if a customer pays $100, the business has to pay a $3.40 fee. Our machines offer a unique solution. With cash discounting machines, there is still a fee, but it's not the business paying it; it's the customer/card holder. For example, if a customer pays $100 with a card, a 4% fee is added, making the total payment $104. The breakdown is $100 for the product and $4 for the processing fee. However, customers have the option to avoid this fee by paying in cash. This concept is aptly named "Cash Discount." Save on processing fees and provide flexibility to your customers with our innovative solution. Ready to start using our Cash Discount program? Message me to learn more!

1 Payment/month or Multiple That is the question today surrounding business credit cards And the answer is "It Depends" It depends on what you are trying to do Trying to report a low balance each month Pay it off right before the due date Trying to minimize interest Make multiple smaller payments throughout the month If you want a less than 30% utilization balance Make a payment right after the due date Don't care about your business credit score? Pay whenever you'd like and pay however much you'd like (as long as it is at least the minimum payment) I'd love to hear how you handle your business credit card payments in the comments

What Is a Cash Discount Program and How Can It Benefit Your Business? Imagine keeping 100% of your sales revenue by completely eliminating credit card processing fees. With the Cash Discount Program, you can do just that by passing a small service fee onto customers who choose to pay with credit, debit, or checks. It’s an easy and effective way to take control of your earnings. 1/ Keep 100% of Your Revenue The Cash Discount "Freedom of Fees" Program allows you, as a merchant, to offset all or most of your current payment processing fees without raising your overall prices. This means you can finally collect the full value of your sales while keeping costs under control. 2/ Say Goodbye to Monthly Processing Fees By implementing a small service fee for all customers, you can offer a discount to those who choose to pay with cash. Your advertised prices become the base rate for cash payments, ensuring that your business doesn’t take on the burden of processing fees. 3/ Encourage More Cash Payments Customers who pay with cash will enjoy a discount, avoiding any service fees, while those paying by card will see a small fee added to their receipt. Many will happily switch to cash, saving both them and your business from additional fees. This creates a win-win situation, with more cash payments and reduced processing costs for you.

Question: Why is dual pricing right for my business? Answer: Processing costs are factored into pricing. By applying dual pricing, you ensure that the additional expenses incurred from credit card transactions are offset by the transactions the guests who choose to use that payment method, rather than spreading the costs across all guests when factoring them into the general pricing structure. This way, guests who pay with cash or other non-credit card methods are not indirectly subsidizing credit card processing fees.

1 Payment/month or Multiple That is the question today surrounding business credit cards And the answer is "It Depends" It depends on what you are trying to do Trying to report a low balance each month Pay it off right before the due date Trying to minimize interest Make multiple smaller payments throughout the month If you want a less than 30% utilization balance Make a payment right after the due date Don't care about your business credit score? Pay whenever you'd like and pay however much you'd like (as long as it is at least the minimum payment) I'd love to hear how you handle your business credit card payments in the comments

1 Payment/month or Multiple That is the question today surrounding business credit cards And the answer is "It Depends" It depends on what you are trying to do Trying to report a low balance each month Pay it off right before the due date Trying to minimize interest Make multiple smaller payments throughout the month If you want a less than 30% utilization balance Make a payment right after the due date Don't care about your business credit score? Pay whenever you'd like and pay however much you'd like (as long as it is at least the minimum payment) We'd love to hear how you handle your business credit card payments in the comments

Finding the proper funding for your business can be challenging, especially with all the available options on the market. The best way to determine which is best for your needs is to compare the pros and cons of each method. For instance, a merchant cash advance can provide quick funds in a pinch, but the contracts can be confusing. Knowing these facts can help you determine if the pros outweigh the cons. https://bit.ly/3rA01Bn

This one problem could lead to a cash flow problem in your business even if business is booming: Inefficient operations and financial systems Some ways to fix it: 💵 Provide incentives to clients who pay things early 📩 Get invoices sent out right away 🧾 Open the door to electronic payments ↩ Adjust for inflation and charge more for your products or services 🏢 Go for a lease option instead of purchasing real estate, tools, and supplies (pay in smaller increments) Hit that like button if you're up for the challenge.

This one problem could lead to a cash flow problem in your business even if business is booming: Inefficient operations and financial systems Some ways to fix it: 💵 Provide incentives to clients who pay things early 📩 Get invoices sent out right away 🧾 Open the door to electronic payments ↩ Adjust for inflation and charge more for your products or services 🏢 Go for a lease option instead of purchasing real estate, tools, and supplies (pay in smaller increments) Hit that like button if you're up for the challenge.

This one problem could lead to a cash flow problem in your business even if business is booming: Inefficient operations and financial systems Some ways to fix it: 💵 Provide incentives to clients who pay things early 📩 Get invoices sent out right away 🧾 Open the door to electronic payments ↩ Adjust for inflation and charge more for your products or services 🏢 Go for a lease option instead of purchasing real estate, tools, and supplies (pay in smaller increments) Hit that like button if you're up for the challenge.