Knowing when to provide discounts or membership freeze choices can be a huge factor in retaining gym members for long-term duration. Having the right strategy demonstrates adaptability, concern, and compassion while safeguarding your revenue. Having these choices strike a balance which allows you to help members out during difficult times...
Seasonal Strategies for Charging of Fitness Business: New Year’s Resolutions and Summer Rush
The most evident seasonal fluctuations in the fitness industry concern the signups, and indeed the significant ones are noticed at the New Year's resolution time and at the beginning of summer. These periods give the fitness business the opportunity to create specific strategies for charging that can attract new members...
Selling Cash Discount Merchant Services: A Complete Guide
Cash discount merchant services are a growing trend in the payment processing industry. With the rise of credit and debit card usage, businesses are looking for ways to offset the costs associated with accepting these forms of payment. Cash discount merchant services offer a solution by allowing businesses to pass...
What is Cash Discount payment processing?
Cash discount payment processing is a popular credit card payment option that gives the merchant selling to consumers an immediate 1-2% cash rebate or deduction on each transaction. The amount of money given back to the merchant is equal to the percentage of cash discount rate assigned and negotiated by...
What is a Surcharge Program? Surcharge Explanation and Benefits
A surcharge program is a discount that allows a customer to purchase goods or services by charging the purchase to their credit card and then having the business pay a fee outside of the transaction fee charged by the credit card company. In other words, this type of program is...