Cash is King: NRS Pay’s Cash Discount Program Saves You and Your Customers Money

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Running a small convenience store or bodega is no easy task. Every dollar counts, whether managing inventory or dealing with rising operational costs. One challenge that store owners face is finding ways to keep expenses low while still providing great service to customers.

Thankfully, there’s a solution that helps you keep more of your hard-earned money and offers customers a financial incentive to pay in cash. The NRS Pay Cash Discount Program enables store owners to save on overall costs while rewarding customers who choose to pay with cash, benefiting both sides.

What is a Cash Discount Program?

The NRS Pay Cash Discount Program is designed to offer two-tiered pricing for your products: a regular price and a discounted price for customers who pay with cash. Customers who choose to pay with cash receive the lower, discounted price, which is automatically calculated and reflected in your NRS POS system.

The program is also available on the NRS Simba handheld terminal, allowing you to offer cash discounts and accept credit cards on the go. It’s portable, fast, and fully compliant, giving you flexibility and ease in managing payments.

As a store owner, you can reward cash-paying customers with savings while maintaining regular pricing for other transactions. This way, you can encourage more cash payments, which benefits you and your customers by keeping overall costs down.

Tailored Options for All Store Sizes

The program offers two flexible plans to accommodate businesses of different sizes. For stores with monthly sales under $18,000, the program is available for $49.95 monthly, ensuring that even smaller stores can take advantage of its benefits. This option allows low-volume stores to reduce costs while maintaining operational efficiency.

The monthly fee is waived for businesses with monthly sales exceeding $18,000, meaning high-volume stores can participate at no additional cost. This flexibility ensures that the program is accessible to all types of stores, from small neighborhood shops to bustling bodegas, providing financial relief and helping to maximize savings.

Ensuring Compliance with Industry Standards

The NRS POS system seamlessly handles dual pricing, allowing customers to receive discounts for cash payments while ensuring compliance with card brand regulations. Shelf labels must match the prices displayed on your POS screen, and you can easily print them using the ‘My NRS Store’ mobile app to keep everything accurate. It’s also important to follow regulations regarding minimum transaction amounts—setting a minimum for debit card transactions is prohibited, while credit card minimums cannot exceed $10 and must apply equally to all brands.

Long-Term Savings for Your Business

Adopting the program has several key advantages. First, it enhances cash flow, as cash payments give immediate access to funds, eliminating the need to wait for credit card settlements.

Additionally, accounting is simpler. Daily reconciliations can be done quicker with more cash transactions, saving time. Stores may also see increased customer loyalty, as cash-preferring customers are drawn to the opportunity to save on purchases.

Offering a cash discount can also give your business a competitive edge in an economy where every saving matters; providing price-conscious shoppers with discounts may help you stand out and become even more attractive.

Take Advantage of the Cash Discount Today

The NRS Pay Cash Discount Program offers a simple, effective way for small convenience stores and bodegas to reduce costs, increase profit margins, and stay competitive. Whether a small store just starting out or an established bodega, this program can help you and your customers save money.

With no long-term commitments, transparent pricing, and compliance support, the Cash Discount Program is a smart financial move that can protect your bottom line for years. Contact us at 877-202-8112 to get started and watch your store thrive!