CDP Apps and Equipment

Summary

This video discusses the cash discount program, focusing on equipment and applications that simplify its implementation for merchants. It highlights the Cash Discount App for Clover systems, which automates price increases and offers reporting on fee payments. The script also introduces Visi POS for Pax devices, enhancing cash discount capabilities with features like split tender and inventory management. Finally, it mentions Swipe Simple as a mobile option for cash discount, suitable for businesses looking for a less complex setup.

Takeaways

• 💼 The video discusses equipment and applications for facilitating a cash discount program, aiming to simplify merchant implementation and enhance their experience with reporting and analytics.
• 🛒 The cash discount program allows merchants to build processing fees into the price, offering a discount to customers who pay in cash, with technology automating the process to reduce manual effort.
• 📱 The Cash Discount App is a fintech development for the Clover system, designed to automate price increases and provide reporting on sales and fees, available free for Busy Pay clients and for a subscription fee to others.
• 💻 The app offers direct access to customer service, aiming to provide quick support to merchants using the cash discount program.
• 📊 The app provides reporting features, showing the number of card and cash sales, and helps merchants understand their fee payments.
• 🌐 The Cash Discount App is compatible with various Clover devices, from the Flex to the Station Pro, making it accessible to a wide range of merchants.
• 📱 For merchants using Pax devices, the video introduces Visi POS, which not only includes cash discount capabilities but also offers inventory management and detailed sales analytics.
• 🛒 Visi POS for Pax devices bridges the gap for merchants seeking technology advancements without the need for a full point of sale system, providing integrated payments and analytics.
• 📊 The Visi POS Merchant Portal offers in-depth reporting and analytics, allowing merchants to manage products, view sales and inventory reports, and set inventory triggers, all in real-time.
• 📱 Swipe Simple is highlighted as a mobile option for cash discount, compatible with the program and offering a seamless experience for merchants using mobile payment solutions.

Q & A

What is the primary purpose of the cash discount program discussed in the video?

The primary purpose of the cash discount program is to allow merchants to build their processing fees into the price that customers see and pay, thereby offering a cash discount to non-card paying customers and automating the process to reduce manual work for the merchant.

How does the technology on the backend support the cash discount program?

The technology isolates the four percent price increase and uses it to pay off the processing fees on behalf of the business, while also automating the cash discount for non-card paying customers.

What is the role of the cash discount app in the program?

The cash discount app is an application developed for the Clover system to implement the cash discount program more seamlessly. It automates the price increase for merchants and provides reporting on sales and fees.

Is the cash discount app only available for Clover devices?

Initially developed for Clover devices, the cash discount app is available on any Clover device, from a Flex to a Clover Station Pro. However, it has also been adapted for Pax devices to cater to merchants who may not require a full point of sale system.

What additional features does Visi POS for Pax devices offer beyond the cash discount program?

Visi POS for Pax devices offers a fully compliant cash discount program with split tender capability, on-the-fly editing of options, access to in-depth sales reports and analytics, and a merchant portal for real-time updates and inventory management.

How does the merchant portal enhance the reporting capabilities of Visi POS?

The merchant portal provides more in-depth reporting and analytics than the device itself, allowing merchants to view product reports, inventory reports, and sales analytics in real time, as well as set triggers for inventory management.

What are the different Pax devices mentioned in the video, and which ones support Visi POS?

The Pax family has three different options: the S80, A80, and A920. The S80 does not support Visi POS, while the A80 and A920 do, providing merchants with the ability to manage their business more effectively through the application.

How does Swipe Simple fit into the cash discount program?

Swipe Simple is a mobile option for the cash discount program. Although there isn't a proprietary application that integrates with it, it works seamlessly with the program, allowing merchants to implement the price increase and offer cash discounts using a mobile Bluetooth swiper.

What is the cost for merchants who are not Busy Pay clients to use the cash discount app?

Merchants who are not Busy Pay clients can use the cash discount app for a subscription fee of $14.99.

How does the video script emphasize the importance of technology in simplifying the cash discount program for merchants?

The video script emphasizes the importance of technology by highlighting how applications like the cash discount app and Visi POS automate processes, provide reporting and analytics, and offer tools to help merchants manage their business more efficiently.