You want to promote your Operation.
Issue discounts (coupons) using customized self-defined codes to make that happen. These codes enable your customers to receive percentages off transactions transaction fees at your BATM for a certain period of time.
The discounts come off your discount applies to your transaction fees - not the transaction amount or markup.
e.g. you charge a 10% fee, and the customer uses a 10% 40% discount off that fee: they pay only a 9% 6% fee.
e.g. you offer a 100% discount: the user will pay no fee (but full price + markup for the coin).
| Tip |
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Discount settings are not required for initial configuration and may be safely ignored until you're ready to promote your business. |
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Your Operation may choose to offer a discount code to your customers who elect to opt-in to marketing materials.
First, create/define a Discount, then assign that global discount here:
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Next, create a notification of opt-in to be notified of such:
Discount Dashboard:
Locate any discount quickly using the search function.
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Notes: any notes you included in the Discount details will be shown.
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Discount Details:
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Code(REQUIRED): a short alphanumeric code (i.e. 8 characters) to be typed into the BATM during a transaction. This code is NOT case-sensitive and will be automatically capitalized when you save it.
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Discount Type:
Discount from fee: (default) value of the fee discount.
if you normally charge a $10 fee - a 90% discount here will reduce the fee to $1.
Direct fee: value of the fee. The discount is only applied if the direct fee is not less than the fee set on the terminal: absolute fee %.
At the time of transaction, one of two fees are applied - the lesser of:
the original fee, or
the specified “discounted” fee.
Example 1 - the transaction has a 5% fee and the direct fee is 6%.
Use of the discount fails.
The customer is charged the original 5% fee.
The BATM reports to the customer that the discount cannot be used.
Example 2 - the transaction charges a 5% fee and the direct fee is: 4%.
The 4% fee will be applied.
The customer is only charged a 4% fee.
Discount From Buy Profit Fee: the amount of discount off the BUY fee.
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applied to the BUY fee.
Discount From Sell Profit Fee: the amount of discount off the SELL fee.
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applied to the SELL fee.
| Warning |
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You MUST choose either a a fee. One, the other, or both must be selected (non-zero).
The Discount will fail toduring save with neither set! |
Configuration Cash Currency* (REQUIRED): the applicable currency,
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Crypto Currencies: if set, the discount will only work for the identified cryptocurrency.
Validity From* (REQUIRED): the date the discount becomes usable.
Validity To* (REQUIRED): the ending date - when the discount offer expires.
Notes: notes are entered here and also displayed on the dashboard.
Organization* (REQUIRED): select the Organization this discount applies to.
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