The Differences Between A Cash Discount, Surcharge, And Convenience Fee

The Differences Between A Cash Discount, Surcharge, And Convenience Fee

Back in May, I wrote an article explaining what cash discounting programs were. But since then, there have been significant questions about surcharging customers and convenience fees. Largely the curiosity lies in if they are the same thing as cash discounting programs or something else entirely. To clear up any confusion, I’m going to discuss the different types and highlight how they vary from one another.

What are ACH Payments?

What are ACH Payments?

One of your chief goals as a business owner is strong business growth, and that requires healthy sales and profits. Both help you improve your products and services and boost your marketing efforts so you stay ahead of your competition. You also gain the welcome benefit of more money to your personal bank account at the end of the day.  

What is an ACH Credit Transaction?

What is an ACH Credit Transaction?

Each year, more and more businesses take advantage of ACH transactions for faster payments and lower-cost transactions. If you have looked into ACH for your business, you may have read the terms ACH credits and ACH debits. They may sound like similar concepts, but in reality, each has a different meaning, and knowing them can save you substantially as a business owner.