Frequently Asked Questions
Understanding Cash Discounting and Surcharging
- A cash discount program is a where a customer receives a flat rate discount for paying with cash instead of using a credit or debit card.
- 100% of the Cost for processing both credit cards and debit cards is passed onto the customer.
- Zero Fee Processing!
- Yes, a cash discount program is legal in all 50 states.
- Yes, cash discount program can be applied to all card types: Visa, Mastercard, Discover, and American Express OptBlue.
- Yes, a cash discount program adheres to all card brand rules, regulations, and registrations.
- Clear signage about the cash discount program must be posted in the dealership, preferably at the point of sale.
- Certified equipment/applications must be deployed/implemented at the merchant’s location.
- RevUpX provides free point of sale devices.
- A surcharge Program enables dealerships to add a fixed percentage (%) checkout fee to all credit card transactions.
- The fee is passed to the end consumer to fully offset all credit card processing fees paid by the dealership.
- A surcharge program can only be applied to credit card transactions.
- A surcharge program cannot be used for debit card transactions.
- Yes, a surcharge program is legal in 48 states (except for MA & CT).
- Yes, a surcharge program can be applied to all card types: Visa, Mastercard, Discover, and American Express OptBlue.
- Yes, a surcharge program adheres to all card brand rules, regulations, and registrations.
- Clear signage about the surcharge program including the surcharge percentage (%) must be posted in the dealership, preferably at the point of sale.
- The signage must also indicate debit transactions are not charged a surcharge.
- RevUpX provides free point of sale devices that itemize the surcharge on the customer receipt.
- RevUpX registers each merchant surcharge program in accordance with each card association.
- A cash discount program provides a reduced price when paying with cash and can be applied to both credit card transactions and debit card transactions.
- A surcharge program adds fixed percentage to the cost of credit card transactions only, debit cards cannot be surcharged.
- Yes, you can cancel at any time, with no termination fees whatsoever!
- You do not sign a contract; it is simply a month-to-month agreement.