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Letter from the editors










                   ver the past year, we've had the pleasure
                   of publishing a number of articles by
                   contributing writers on the distinctions
        O between surcharging consumers who pay
        for goods and services with credit cards and offering
        discounts to those who pay with cash.  And we've
        received reports from readers who've indicated cer-
        tain merchants who have instituted cash discounts are
        achieving impressive results.
        So we decided to put this promising option front and
        center, so ISOs and merchant level salespeople (MLSs)
        who are not offering cash discount programs can
        consider more fully whether some of their customers
        might benefit from them. This issue's lead article
        details the pros and cons of each type of program,
        where surcharging is and isn't legal, how to follow
        guidelines to properly implement a cash discount
        program, and what types of merchants are most likely                           Bridge the Gap
        to derive benefits from offering them. For a variety of
        reasons, cash discounts aren't for every business, but                             between your
        some are using them to bring their card processing
        costs close to zero.                                                        advertising dollars

        Fraudsters are always on the hunt for valuable new                             and bottom line.
        targets, and one contributing writer pointed out why
        loyalty and rewards programs are very much in their
        sights today. Others discussed the scope and potential        Customized advertising campaigns
        impacts of the new California Consumer Privacy Act            to fit any size company and budget.
        (further analysis of this will follow in our Sept. 24
        issue); how damaging it can be to place your trust in         • Spotlight Innovators’ Pages
        the wrong person or company; the many things you
        can learn from doing practice sales presentations;                (frequently updated content)
        and how persistence in the payments biz pays off,             • Print (various size options)
        especially for those new to the industry.
                                                                      • Resource Guide listing
        Along with new product and company profiles, pre-                 (print/online/front page (option))
        views of upcoming events, and brief updates on in-
        dividual and company milestones, we've highlighted            • Email Blasts (to GS readership)
        several recent news stories: the FBI's warning of an
        impending global ATM cash-out blitz, the many pay-            • Online (website/twice month newsletter)
        ment companies  that  were featured  on  the 2018 Inc.        • Video
        5000 list, the 2,300 data breaches publicly disclosed in
        the first half of this year, exposing 2.6 billion consumer    • Bundle advertisng campaign discounts*
        records; update on the Francisco Partners' acquisition
        of Verifone; and security experts' call for better detec-
        tion and updates ad cyberattacks escalate. For current                    Danielle Thorpe
        breaking news, please visit www.greensheet.com.
                                                                                       AVP Media Partnerships
        Do you have news from your own company or your
        corner of payments to share? Send us a press release at            707-284-1686
        press@greensheet.com. And if you have feedback for us,
        please send an email to greensheet@greensheet.com.

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