Discover is updating the Discover “On Us” plan yet again, in an attempt to entice more merchants to accept Discover cards. Originally, the Add Discover on Discover promotion from 2011, the plan was based on the incentive that merchants begin accepting Discover cards for the first time and as a reward for this bold new move, those merchants would receive no transaction fees from Discover for an entire year.
Renaming the initiative to the Discover On Us plan, it once again was launched over the holidays a year later in 2012. The offer from Discover, through Host Merchant Services was bold and exciting. It essentially gave qualifying merchants a year of being able to process Discover payments at no cost. Discover “On Us” gave the merchants no fees when their customers swipe a Discover card. And they had this benefit for an entire year. The program lasted until December 31, 2012.
Then in July, 2013, Discover brought it all back. For many businesses the summer months are their “busy season” and as such this program is designed to add up to great savings all summer long. The “On Us” program offered from Discover is brought to merchants through Host Merchant services. When a customer uses a Discover card at checkout, merchants will not be charged any fees or interchange rates, so all the revenue stays in the businesses pocket.
This time Discover is extending it through June 30, 2014.
Download this PDF to discover how you can take advantage of this amazing opportunity and start saving on transaction fees for an entire year.