Cut Your Third Highest
Restaurant Expense
Every time a customer uses a credit or debit card, you lose roughly 3-4% on the transaction. And if a credit card has a loyalty program, the fee can be as high as 8%. For most restaurants, this cost amounts to their third-highest annual expense.
We know every dollar matters to your business. So we created a way for you to cut this expense from your bottom line. It’s through Lavu’s Cash Discount Program with Dual Pricing.
What’s a Cash Discount Program with Dual Pricing?
How Does It Work?
Lavu’s Cash Discount Program with Dual Pricing rewards customers for paying in cash and helps restaurants offset up to 99% of their credit card processing fees.
When an order is entered into Lavu POS, two prices are generated—one for Card Price and one for Cash Price.
The customer can choose the Cash Price which applies a cash discount off the Card Price total. The entire transaction is fully transparent.
If the guest pays in cash, they save. If the guest pays with a card they pay the higher listed price offsetting up to 99% of credit card processing fees.
The Cash Discount Program with Dual Pricing is a win-win for customers and your business. You both get an opportunity to save.
See the process in action. Walk through the entire customer experience with a free demo.
Generate Savings For Your Customers & Your Restaurant
Most customers know credit card processing fees are high, and they aren’t surprised or turned off by non-cash adjustment fees.
Surveys have shown that 99.2% of customers don’t mind paying the fee, and they like supporting local businesses.
Plus, by presenting a cash discount, customers have a chance to save — instead of paying the cost passed through as higher menu prices.
Consider how much you can save in just one year.
Now Is the Time to Implement
A Cash Savings Program
Each day that passes, your restaurant is paying credit card fees when you don’t need to. Try the program, and see what benefits you can get in addition to thousands of dollars in savings.
Cut Expenses
Credit card processing fees continue to rise. Start saving today by putting a plan in place to cut down on this cost.
Keep Up with Competitors
Passing on credit card processing fees is going to be the norm, and many national chains and independent restaurants are already implementing this practice.
Prevent Menu Price Increase
As costs go up, so do menu prices. Keep prices down by cutting out one of the biggest expenses at your restaurant.
Try It with No Risk
Implement with no risk or contract. If you don’t like it, turn it off. It’s worth it to see what savings you can create in just one month.
Stay Legal & Compliant
This program is legal in all 50 states and fully compliant with major credit cards when implemented through Lavu’s Cash Discount Program with Dual Pricing, unlike some other credit card surcharges.
Get Training & Signage
Confidently promote the Cash Discount Program with Dual Pricing in your restaurant with training for your team and free promotional signage.