How does a monthly discount work?

A monthly discount is structured by charging fees in a lump sum once a month. This approach means that rather than deducting fees on a daily or transaction-by-transaction basis, the overall fees are consolidated into a single charge at the end of each billing cycle. This can provide a clearer view of monthly expenses for businesses and can make budgeting easier since they know exactly what to expect each month.

This method can be particularly advantageous for organizations that prefer a straightforward billing process without the fluctuations that can occur with daily deductions or charges based on transaction volume. By negotiating a monthly discount, businesses can often secure a more favorable rate, as it provides payment certainty for service providers. Thus, the simplicity of a once-a-month billing cycle offers both convenience and potential cost savings.