Page 37 - GS230701
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NewProducts





            POS with true cash discount, dual pricing






                                                                   • Option to treat debit as cash: A "debit as cash" op-
                                                                     tion during the set-up process enables merchants to
                                                                     treat debit just like cash, enabling the device to auto-
                                                                     matically discount qualifying cards within a BIN file
                                                                     database, at the terminal or gateway, prior to autho-
                                                                     rization.
                  ejavoo Systems, an iPOS Systems brand, cre-      • Card discount: Merchants have the option to activate
                  ated True Cash Discount (TCD), a solution that     any type of discount, at any time, by any payment
                  combines accurate cash discounting with dual       type.
        D pricing at the POS. The solution is designed to          • Dual/multi-pricing display:  The system can auto-
        be seamless and intuitive for merchants and their custom-    matically convert the MSRP amount into a dual or
        ers, according to Dejavoo, a value-added reseller and end-   multi-pricing display to clearly show final payment
        to-end electronic payment technology provider.               options to customers.
        Dejavoo representatives  noted  that TCD  can accurately   • Dejavoo customer-facing hardware: The use of a De-
        calculate cash discounts on POS terminals and smartphones.   javoo PIN pad device provides maximum consumer
        This creates an innovative payment flow, they added,         pricing disclosure throughout the check-out process.
        enabling merchants to offer a true and accurate discount   • Receipt disclosures: Only discount-related messages
        to cash-paying customers from an itemized list price, while   appear on printed customer receipts.
        avoiding add-on fees that apply to card transactions.
                                                               Reseller, channel partner benefits
        When a participating device is in cash register mode, it
        administers a preset discount to a merchant's suggested   TCD is available on Dejavoo's P, QD and Z terminals and
        retail price (MSRP), also known as "list price" or "general   PIN pads and phones, which merchants can purchase from
        price," allowing tax and tips to be added before the final   Dejavoo resellers and sales channel partners, the company
        payment,  the  company  noted.  Shoppers  can  see  both   stated. Merchants can implement dual pricing, itemized
        regular and discounted cash pricing and make an informed   register pricing or both options, Dejavoo also pointed out,
        decision at the POS.                                   advising merchants to ensure that discounts are calculated
                                                               from list prices and allow the register to add tax, tips and
        Accurate, pre-tax calculations                         discounts based on their requirements.

        By referencing a built-in, itemized price list, TCD    For merchants to be compliant with cash discounting rules,
        administers a preset discount to a merchant's suggested   items must be marked with list price (card price) and not
        retail price, Dejavoo representatives noted, adding that the   discounted price, Dejavoo representatives emphasized,
        device presents pre-tax calculations, enabling customers   adding that  merchants can review the company's DPP
        to view their pricing options and choose to pay with cash,   Price Viewer option.
        debit  or  credit.  They  further  cited  the  following  features
        and benefits:                                          The company feels that with growing demand for cash
            • Accurate calculations:  Cash-paying  customers re-  discounts  and  dual  pricing,  True  Cash  Discount  gives
              ceive a discount based on the MSRP entered, with no  merchants the best of both worlds: merchants can choose
              additional fees.                                 to apply these discounts to debit cards as well as cash, or
            • No mention of fees: The TCD user interface, software   to enable card price discounts, and merchants can show
                                                               grand total discounts and print discount messages on all
              application, reports and receipts do not mention any   customer receipts. Dejavoo's team of experts, company
              fees, only available, saved or unrealized discounts.   representatives noted, is helping create a seamless payments
            • No extra charges: The system does not create the im-  experience for partners, merchants and customers.
              pression that customers are paying extra to use credit
              or debit cards but instead rewards customers with
              discounts when they pay cash.                                 Company: Dejavoo Systems
            • Transparent pricing: Items are always displayed in
              dual pricing mode, with receipts showing cash-pay-            Product: True Cash Discount (TCD)
              ing customers how much money they saved, and cus-             Website: https://ipossystems.com
              tomers who pay with methods other than cash will              Contact: sales@dejavoosystems.com
              see an MSRP.

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