Tender-based discounts
Important
This content is archived and is not being updated. For the latest documentation, see Microsoft Dynamics 365 product documentation. For the latest release plans, see Dynamics 365 and Microsoft Power Platform release plans.
| Enabled for | Public preview | General availability |
|---|---|---|
| End users by admins, makers, or analysts |  Oct 21, 2019 |
Jan 1, 2020 |
Business value
It's a common practice for large retailers to release private-branded credit cards. Retailers benefit from getting preferred rates from the banks, and according to a study by GE Capital Retail Finance, such credits cards result in an increase in the store visit frequency, thus directly improving the bottom line of the retailer. As a result, retailers are motivated to increase the usage frequency of their credit cards, and tender-based discounts are a commonly used motivator. Similarly, some retailers want to motivate the customers to pay by alternate means (for example, cash, check, or loyalty) and thus reduce the expense in credit card processing fees. Such retailers want to create discounts for these alternate tender types.
Feature details
With this investment, we will allow the retailer to configure discount percentage on a selected tender type. When a tender with configured discount is selected, the customer will see the discounted amount as the new balance. The customer can choose to do partial payment or a full payment and would accordingly get the appropriate discount amount. The discount information can be printed on a physical paper receipt or sent via email using a virtual receipt.
See also
Tender-based discounts (docs)