VIEW RANKINGS FOR BEST COMPANIES BY PRACTICE AREA:
Services
- Credit Card Processing
- High Risk Processing
- Merchant Cash Advance
- CBD Processing
- Small Business Loans
- Retail Processing
- Mobile Processing
- Check Processing
- ACH Processing
- Merchant Services
- Multi-Currency Processing
- Online Credit Card Proces...
- Credit Card Surcharging
- Alternative Check Process...
- Cash Discount
- Tablet PoS
- Point of Sale Systems
- ISO Agent Programs
- Equipment Leasing
- Chargeback Prevention
- Flat Rate Credit Card Pro...
- Merchant Processing
- Acquiring Banks
- ATM Machines
- More Categories
Our Selection Process For
Best Cash Discount Companies
Best Cash Discount Companies
Our Selection Process For
Best Cash Discount Companies
Best Cash Discount Companies
Best
Top 5 Cash Discount Companies
|
Rank |
Company Name |
Year |
Revenue |
Fulltime |
Active |
Client |
Pricing |
Major Clients |
Other Core |
Competitive Savings 
|
Versatile
|
Hardware and Software
|
Efficiency
|
Customer Support
|
Overall Score 0100GVGE |
Change in Rank |
Key Facts For MBNCARD, Inc.
-
- Major Clients:
- Confidential., Love Us, The Brow Spa, Whal...
-
- Year Founded:
- 1991
-
- Fulltime Employees:
- 20
-
- Active Clients:
- 10,500+
-
- Revenue:
- $1 million
-
- Client Retention Rate:
- 96
-
- Pricing:
- L
-
- Website:
- merchantsbancard.com
Key Facts For Harbortouch
-
- Major Clients:
- Menchie's Frozen Yogurt, Gino’s East Pizze...
-
- Year Founded:
- 1999
-
- Fulltime Employees:
- 400
-
- Active Clients:
- 120,000
-
- Revenue:
- Above $10 million
-
- Client Retention Rate:
- 96
-
- Pricing:
- L
-
- Website:
- www.harbortouch.com
Key Facts For Shift Processing
-
- Major Clients:
- Confidential
-
- Year Founded:
- 2013
-
- Fulltime Employees:
- 1 - 10
-
- Active Clients:
- 10+
-
- Revenue:
- Est. $1 million
-
- Client Retention Rate:
- 90
-
- Pricing:
- L
-
- Website:
- www.shiftprocessing.com
Key Facts For Beacon Payments, LLC
-
- Major Clients:
- Available upon request.
-
- Year Founded:
- 2008
-
- Fulltime Employees:
- 37
-
- Active Clients:
- 10,000+
-
- Revenue:
- 5.0M
-
- Client Retention Rate:
- 94
-
- Pricing:
- M
-
- Website:
- www.beaconpayments.com
Key Facts For Clearent, LLC
-
- Major Clients:
- Confidential.
-
- Year Founded:
- 2005
-
- Fulltime Employees:
- 500 - 1,000
-
- Active Clients:
- 160+
-
- Revenue:
- $50 million - $100 million
-
- Client Retention Rate:
- 92
-
- Pricing:
- L
-
- Website:
- clearent.com
Evaluation Criteria:
Competitive Savings
Reduce or Remove Merchant Services Fees
When selecting a cash discount company it is important to take into consideration the rates they charge for each transaction, for the sum of transactions, and for the quantity of transactions. During our analysis of cash discount vendors we spend time comparing how each servicer calculates the cost savings of surcharge payments to and for their merchants and how those costs fare between different competing cash discount agencies.
Versatile
Variety of Solutions
It is also important for the cash discount vendors to offer a variety of solutions and packages for merchants of all shapes and sizes. During our analysis of competing cash discount providers we spend time understanding the different services, offered by each and how they affect a merchant’s ability to process cash discount on payments. We also analyze whether the cash discount vendors offers different ways to accept credit card payments and if they offer mobile and ecommerce payment solutions.
Hardware and Software
The Right Tools for the Job
An important aspect of a cash discount vendor is having an established state of the art technology platform utilizing the most up to date hardware and software systems. Cash discount vendor programs are evaluated for aspects such as if they accept all major credit cards, debit cards and contactless payments like Apple Pay and Google Pay.
Efficiency
Quick Set up and Use
Efficiency is measured based on the internal processes and strategies used by each cash discount merchant services provider to ensure the process for accepting a payment is quick and effective. It is important for the cash discount vendor to also have internal processes for fraud detection while also ensuring the accuracy of payment information without slowing down or placing additional stress on the incoming and outgoing processes.
Customer Support
Fast and Accurate Responses
Customer support is an important element of our analysis to ensure the cash discount merchant vendors we recommend are providing their merchants with premium support at all hours of the day. As many merchants have their own set of hours on a daily basis it becomes important for the cash discount servicer to be available to help them regardless of what time of the day or what day of the week they are looking for a solution on.
