Galveston, TX – 409 Island Consulting, founded by Jacqueline Castaneda, MBA, is offering an innovative cash discount program through Wholesale Payments to help small businesses reduce credit card processing fees. This program empowers businesses to incentivize cash payments, allowing customers to save money while merchants reduce the fees associated with credit card transactions. The service aims to be cost-effective and offers business owners the flexibility to provide discounts to cash-paying customers, enhancing customer satisfaction and potentially boosting profitability.
Jacqueline Castaneda, MBA, launched 409 Island Consulting after recognizing the challenges that local business owners face due to the high costs of credit card processing fees. Castaneda, who has a background in sales and management and previously worked in the pharmaceutical industry, brings a fresh perspective to the payment processing sector. Her commitment to the business community in Galveston and beyond drives her to deliver tailored solutions that address each client’s specific needs, with a strong focus on the hospitality industry.
The core offering from 409 Island Consulting is the cash discount program, which can reduce merchant credit card processing costs. Under this program, customers paying with cash receive a discount, while those using credit cards cover the transaction fees. This approach is designed to save businesses substantial amounts annually, which can be reinvested into their operations. Depending on the specific circumstances and transaction volumes, businesses could see a potential reduction of up to 97% in credit card processing fees. It is important to note that actual savings may vary based on transaction details and customer payment preferences.
Key benefits of the cash discount program include:
- Reduced Credit Card Processing Costs: By passing the processing fees to customers who choose to pay with credit cards, businesses can decrease their operating expenses.
- Predictable Monthly Fees: With a straightforward, flat monthly rate of $45, businesses can budget for their payment processing costs.
- Transparency in Fees: 409 Island Consulting emphasizes clarity in fee structures, ensuring business owners are fully aware of any costs involved without unexpected charges.
- Advanced Payment Processing Technology: Merchants are provided with state-of-the-art equipment at no upfront cost, including point-of-sale (POS) terminals and card readers. Terms and conditions may apply, which will be clearly outlined during the setup process.
In addition to these cost-saving measures, 409 Island Consulting prides itself on exceptional customer service. Wholesale Payments is committed to providing reliable support to its clients. This commitment ensures that merchants receive effective payment solutions and have a trusted partner to assist with any operational challenges.
409 Island Consulting serves various industries, including hospitality, retail, petroleum and convenience stores, e-commerce, and business-to-business (B2B) transactions. By offering solutions tailored to each sector’s unique needs, the company helps clients navigate the complexities of payment processing while focusing on their core business objectives.
409 Island Consulting has partnered with Wholesale Payments, Clover, and Union Point of Sale Systems to enhance its service offerings. This collaboration provides a comprehensive suite of electronic transaction processing options, including credit and debit cards, gift cards, and more. Clients benefit from cutting-edge technology and a seamless payment processing experience.
Photo Courtesy: Jacqueline Castaneda
“Helping small businesses keep more of their hard-earned money is our mission,” says Jacqueline Castaneda, Owner of 409 Island Consulting. “With our cash discount program, we empower merchants to manage transaction fees in a way that supports their bottom line while offering their customers payment options. It’s a win-win situation that can significantly improve overall profitability.”
In addition to providing innovative payment solutions, Castaneda is an active member of the Galveston community. She offers small business solutions, including marketing campaigns and print media marketing, such as featured promotions in Galveston Monthly Magazine. As a member of the Galveston Regional Chamber of Commerce, Castaneda advocates for local businesses, ensuring they receive the support and recognition they deserve.
One of Castaneda’s clients, Chris Kimble of Kimble Lending Team, has successfully leveraged these services to boost his business’s visibility. Kimble has recently been named a new TV host of American Dream TV-Selling Galveston, a nationally syndicated show airing on networks like Travel Channel, HGTV, Amazon Prime, and Roku. This collaboration highlights the positive impact of tailored business solutions and strong community support.
Published by: Nelly Chavez
