Smart Cash-Discount Program FAQ

A: No, the Smart Cash-Discount Program is not a surcharge program. A surcharge is applied when the customer pays by credit card, increasing the cost of goods and services. As part of the Durbin Amendment (Section 1075 of the Dodd-Frank law), businesses are permitted to offer a discount to customers as an incentive to encourage payment by alternative methods other than credit cards. More information can be found on the Federal Trade Commission website at ftc.gov.

A: We do! Service fees collected are applied by Webmart-USA to offset the costs associated with credit card processing. Merchants can download monthly statements.

A: It can be either. Your sales representative will discuss with you the best program for you based on your individual business needs.

A: Because the patented technology is certified and integrated into Webmart-USA Payment Systems, a new credit card payment system is required.

A: Yes! Our free placement programs were designed to help you get set up quickly and efficiently. (Subject to volume qualifications).

Yes! We offer a wide variety of POS systems with key built-in features to meet all your business needs.

Yes! However, some terminals may not support PIN Debit, so check with your Sale’s Representative to make sure you are choosing the Smart equipment that’s right for your business.

A: Yes! There are different options for merchants based on the way they settle tips:

1. Merchants who are adjusting tips before authorization will see no change in the Cash-Pay Promotion Program. For example, a nail salon may ask a customer if they would like to add a tip to the transaction before authorization. The tip is applied to the total sale along with the service fee. Like retail merchants, deposits are received daily for the total amount of the transaction, less any service fees collected.
2. Merchants who adjust tips after the authorization process may be set up to receive daily deposits or monthly deposits.​​

• 1. Merchants are encouraged to disclose the program and service fees at the point of entry to the business and at the point of sale, and optional signage is available to support this communication. For online sales, program information is made available on the website, during checkout, and on the receipt.

A: Depending on your program choices, you may incur fees at the end of the month. Ask your sales representative which program best fits your business needs.

A: Merchants can choose to receive their deposits as early as the next business day.

A: Absolutely! All merchants incur a ‘Network Fee’ of 15% by American Express. Webmart-USA does not apply any portion of the service fee collected to the AMEX ‘Network Fee.’ Therefore, all deposits from American Express transactions will be 15% less than the sale amount.

A: Although it is unlikely, that is okay! Our 30-day free trial allows you to try the Cash Discount program with absolutely no obligation.

A: Webmart-USA Smart Cash-Discount Program’s U.S. patented technology (U.S. Patented- US 8131619 B1, US 8478689 B1, US 8423439 B1) is fully compliant with all card brand rules and the law. There are other non-compliant programs, for example, that add a fee on top of the usual cost of goods or services, therefore increasing the actual price.

A: Because the patented technology is certified and integrated into Webmart-USA Payment Systems, a Webmart-USA credit payment system or gateway is required (wireless and IP terminals are available; however, we recommend a direct connection whenever possible to receive the best service). Merchants must also disclose the program and service fees at the point of entry to the business and at the point of sale. For online sales, the program information is posted on the website, during checkout, and on the receipt.

A: Cash Discount: The price already includes the credit card fee. Customers paying with cash get a small discount, while credit card customers pay the full price.

Dual Pricing: Customers see two prices—one for credit card payments (with a small fee) and one for cash (no fee)—and choose which to pay.