Merchants can wipe out credit and debit fees by creating a service fee on all products and services, allowing a discount if a customer pays cash. Cash Discount saves businesses money, but only if setup correctly!
Free Ride Payments is a new service providing merchants with a pathway to utilize the cash discount program that works for clients and their customers, and offers a one-stop, full-service approach that includes implementation and compliance.
Free Ride Payments approaches cash discount with a comprehensive, 360-degree approach that's designed to help business owners without taking advantage of customers.
Service fee:
3.9%
Processor takes 2.2% to cover costs of processing
Sales rep & processor profit: 1.7%
Based on $100k/month the sales rep makes $1,700/month on your customers!
Service fee: 2.89%*
Processor takes 2.2% to cover costs of processing
Sales rep & processor profit: 0.69%
Keep your customer happy with lower service fees!
*Based on average ticket and business type
Free Ride Payments eliminates the cost of high credit card processing fees for businesses through a Cash Discount Program, without the headaches and excessive fees of other programs. Apply a small fee to each transaction and offer a discount to customers paying with cash. Free Ride Payments will set you up, make sure you are compliant, and eliminate fees without losing customers to high fees.
Pay less in fees for accepting cash and debit cards.
Free Ride Payments charges less, so your business earns more.
Our experts will make sure your POS machines are installed with the proper calibrations, and your staff trained on how to use them.
Legal compliance is a cornerstone of the cash discount program, and we’ll walk you through what you need to do.
Free Ride Payments beats the competition every time with honest, reliable setup and helps ELIMINATE the cost to accept credit cards! We offer a one-stop service for businesses to sign up for the cash discount program at a lower cost, plus implementation and compliance. Free Ride Payments ensures your business is setup properly which is particularly of value to retailers and restaurateurs, where much of the overhead comes from credit-card processing fees.