Posts Tagged ‘cash discounts’

Under the new credit card laws, the government is removing some of the advantages for businesses that accept credit cards.

It used to be that retailers were unable to to offer discounts to customers using cash. Under the new laws, retailers may offer a cash discount for those customers who do not use a credit card. This means that many retailers will start offering anywhere from 2 to 10% discounts to those customers who choose to pay by cash.

What does this mean to you, the business owner?