MasterCard announced that a new BIN 2 series will be rolling out and that all merchants needed to be in compliance by June 30th, 2017. Now that we’re in January 2018, we’re still seeing a huge amount of non-compliant hardware and software in the marketplace. With this in mind, merchants will need to update their […]
POS Buyer’s Guide
Cash Discount Program
Q: What is the Cash Discount Program? A: “Cash Discount” occurs when a merchant decreases the price of their products and services when doing a cash purchase. It is a method of implementing a service fee to all customers, while giving a discount to those who pay with cash. This offsets the transaction fees for […]
