Remove Cash Management Remove Electronic Fund Transfer Act (EFTA) Remove Payment Initiation
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What is a Cash Discounting Program and How Does It Work?

Stax

Reduced risk of chargebacks – A chargeback is a reversal of a debit or credit card payment initiated by a customer through their bank or card provider. With a cash discount program, you eliminate the risk of chargebacks. The receipt should indicate the base amount, cash discount, and total sale.