We All Need To Do This
(media.gab.com)
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I get a discount when using cash at a place I buy car parts from. He doesn’t advertise it. But the first time I went to him he smiled when he saw I was pulling cash out and let me know there was a discount.
We pay our yard guys in cash. Hubbie likes to get that no tax cash break
we call it petty cash, lol
Having dealt a little with merchant accounts and CC transactions you learn that VISA etc charge the seller a fee of 1-5% for transactions. That's how they make money. Usually its 2-3%. Many people set their prices assuming you will pay with a CC and give you that 3% back as a discount when you pay cash. When your profit margin is 5% a 3% loss means you will go broke pretty quickly.
Several small businesses in my 'hood upcharge for credit.
Depending on the amount and the state, that actually might be illegal (unlike refusing to accept cash).
Same with our local has stations
It’s probably a discount in the neighborhood of 3% as that saves him the fees to VISA. Good for him to offer that.