Business Services Archives

Jodi Goddard In Business Services, Compliance, Merchant, Retail, Technology & Equipment

What Square’s Recent Changes Mean For You

What Exactly Went Down

In June 2020, Square made recent changes in its rolling policy regarding the handling and processing of customer transactions. They can now hold up to 30% of the money a customer pays for as long as four months before crediting it to merchants. That’s more than a whole financial quarter’s worth of time. Even worse, Square enforces the holding period on a select number of sellers, but does not specify who or on what condition would justify the holding besides vague descriptions of “risky” transactions and the selling of “goods or services more prone to disputes.”

How Square’s Policy Change is Impacting Small Business Owners

The policy change comes as a surprise for many small business merchants. Contractors, plumbers, and even local legal firms felt significant impacts on the customer fund holdings. Enacted with little warning, Square’s move is disappointing, to say the least, and flies in the face of previous measures that the company promised to help small merchant consumers during the onslaught of the pandemic. Square claims it began the policy changes earlier last year. But with this recent change in transactional holdings, small business owners are concerned that the transactional holdings will usher more local businesses to close down their doors for good. Square claims that only 0.3% of merchants were impacted by the change, but over 2,715 individuals have already composed and signed a petition on Change.org, calling out Square’s policy change as an “unethical business practice.” The number of signatures continues to climb at the time of this writing.

Transparency in Changes, Advocacy for Small Businesses

At Platinum Payments, we are transparent with our products and services to our customers. There are no term fees attached, there are no margin increases, and we never change our policies without warning. Small business owners can rest assured that they’re getting the service they expect and deserve to keep focusing on their own customers.

There are also no term contracts with Platinum Payments, so merchants can pay for the equipment and services they need, and skip what they don’t. We also provide COVID safe transactional options and a customer support staff that’s open 24 hours a day, 7 days a week.

Small businesses are the backbone of America, and we’re here to support them every step of the way. Don’t be square, be more well rounded.
Contact our staff today to see how we can help your business get back on your feet. We offer afree analysis service to help get you started.

Amylyn Robbins In Business Services, Partnerships, Technology & Equipment

Platinum Payments + FourSide Solutions

FourSide Solutions recently partnered with Platinum Payments to make it even easier for FourSide Solutions customers. With Platinum Payment’s turnkey e-commerce and merchant ID process, customers can quickly complete an online form that has been branded with FourSide’s logo and tailored specifically to fit our clients’ needs, as well as provide important business information, and have e-commerce capabilities in place within days. With other payment processors, this can take weeks. With competitive processing fees, this automated process offers customers the most streamlined process in the industry.

The self-storage business is a growing industry that has earned its way into many investors’ portfolios. It is an industry that offers great financial returns when technology and eCommerce are implemented. Fourside Solutions, a self-storage management and technology company, is a leader in the industry that offers customers the ability to manage their self-storage facilities remotely. This hands-off approach to the industry allows investors to manage more facilities, reduce management staff, and see a greater ROI (return on investment).

Here are some of FourSide Solution’s key features:

Easy-to-manage and build a website that is completely catered to the self-storage business. Customers can deploy their website in hours with all the bells and whistles one expects from a website builder.
Turn-key e-commerce that offers customers the ability to receive customer auto-payments, oversee overdue payments, and manage payment cycles.
Auto-updates of inventory allows clients to have the ease of browsing and renting completely online.
Fully customizable email communication with customers regarding payments and credit card declines.
On-demand reporting tools that provide inventory, rent roll, ROI, and trends.
Easy integration of legacy data that includes storage units and customer data to make the transition to Fourside Solutions seamless regardless of the business’s current e-commerce or check-paying process.

For more information, check out www.foursidesolutions.com or call 855-275-4584.

Jodi Goddard In Business Services, Poynt, Technology & Equipment

Perks of the Poynt

Start Taking Payments On One Of The Most Beefed-Up CONTACTLESS Smart Terminals!

Just how beef-ed up you ask?

For starters, some of the most popular perks of the Poynt is that it comes equipped with

dual touchscreens ( 7″ and 4.3″),
an 8-hour battery life,
a built-in printer,
an EMV card reader,
AC input,
a 5 MP front camera and a
2 MP back camera.

The Poynt is Wi-Fi and 4G enabled as well as ready for NFC contactless payments like Apple Pay and Google Pay.

To really show how sweet the Poynt can be, this guy will even be friends with all of your favorite accessories!

What accessories do you ask?

That list includes…

wired and wireless printers
cash drawers,
and barcode scanners!

There is even a QuickBooks Plug-In to boot!

Now you can keep track of everything in one place and seamlessly with your QuickBooks account.

Other perks and benefits of this hand-hand terminal includes Poynt HQ, the most user-friendly dashboard you have ever seen, it’s a “true love at first sight” kind of dashboard. Accessible from any smartphone, tablet, Poynt terminal, or internet browser. HQ provides real-time sales data, remote account management. There is an additional messaging feature that allows merchants to communicate with clients.

It is fully customizable to allow for organizing your inventory to your heart’s content, whether you prefer by price, color, or size, you have all the control. As an added bonus each category can support up to 500 different items!

PCI compliance is a big deal around here and with Safe-T Solo already built in, it’s guaranteed that all sensitive card information is encrypted and tokenized. We make sure you are PCI compliant to avoid a data breach, allowing you to heave a sigh of relief knowing you’re protected against fraudsters. Each and every payment is end-to-end encrypted keeping your customers’ card data safe and secure.

So, to basically summarize, this piece of equipment is top of the line and so simple to operate, add on our Platinum Guarantee and you will be asking yourself why you didn’t make the switch earlier.
In the market for a new point of sale or interested in upgrading?
Give us a call at 1-866-921-2982

Jodi Goddard In Banking, Business Services, Merchant, Retail

Banking Services vs Platinum Payments

Banking Services vs Platinum Payments: Rates, Flat Rate, Funding and Pricing!

Banking Services vs Platinum Payments: Rates, Flat Rate, Funding and Pricing! We get that having everything all in one place makes things easier, however, easier is not always better. Banks that offer merchant services may not be in your best interest. Here are just a few of the differences between banks and Platinum Payments.

Banks

Rates Are Not Competitive

Companies are advertising set rates, and low rates but you need to do your homework. Flat rate pricing may not be your best option, thinking you are getting a low advertised rate but the added fees and assessments may not be fully disclosed. You may be told you are getting a rate as low as 1.5%, which may be true, for the first month or two of processing, then it will slowly increase and most business owners are unaware of the upped prices. If you are aware, you will then need to babysit your account for the rest of time.

Having A Middle-Man

When comparing merchant services between a bank and a credit union, the credit union will often have better rates and fees for those who want to have their services at the same place they do their banking. Banks tend to re-sell the merchant services with an intense mark-up, and then lock you into a contract or equipment lease. Banks typically do not make their money from business services, so they need to increase the fees paid so they can be profitable.

Funding

A lot of banks will promote next or same-day funding to entice merchants.

No Industry Experience

Tellers and managers are not typically versed in the ins and outs of how merchant accounts and credit card processing. They may unknowingly give you bad advice and lead you down a path that may result in a disaster. They will not be able to provide you any customer service or help with your account whatsoever should any problems arise.

Contracts

No one wants a contract, but when there is the potential of added margin twice a year, they will definitely take advantage of that. Banks are in the business of making money and will do whatever it takes to lock you in with them to have the security of revenue off your business.

Platinum Payments

Rates ARE Competitive

We have many different pricing structures, the use of Interchange Optimization, and some of the lowest rates available.

NO Middle-Man

There is no middle man, no extra mark up, you are dealing directly with your processor. Cutting out the extra hands in the cookie jar ensures things will be more cost-effective and much more simple.

Funding

Any merchant can get the same features and usually more options and it is cheaper than the bank.

A Lot of Industry Experience

We have Payment Professionals who are trained weekly to stay with current trends and technology. Our headquarters office alone has over 50 years of combined experience in the industry. Why not work with the best?

No Contracts

We don’t do them, we don’t want to be in one, so we don’t force our clients into one either. We don’t raise our rates. This is one small part of our Platinum Guarantee, read more about that here.

This is just a sample of the differences.

Get with a Payment Professional today to learn more about our other products and services.

We want to use our expertise to help you with all of your processing needs.

Jodi Goddard In Banking, Business Services, Technology & Equipment

Interchange Class Action Lawsuit

Most business owners are aware of the Payment Card Interchange Fee and Merchant Discount Antitrust Litigation. It has been a long road, but things are finally starting to come together.

This case has been brought on behalf of merchants who are representing all merchants in the class-action suit. On Friday, January 3, 2020, the final approval order was filed with the court.

The lawsuit brings forth claims that merchants paid excessive fees to be able to accept payments from Visa, MasterCard, and other Network Defendants*. The settlement claims the defendants had violated antitrust laws.

This settlement creates the following Rule 23(b)(3) Settlement Class: All persons, businesses, and other entities that have accepted any Visa-branded Cards and/or Mastercard-Branded Cards in the United States at any time from January 1, 2004, to January 25, 2019, except that the Rule 23(b)(3) Settlement Class shall not include (a) the Dismissed Plaintiffs, (b) the United States government, (c) the named Defendants in this Action or their directors, officers, or members of their families, or (d) financial institutions that have issued Visa-branded Cards or Mastercard-Branded Cards or acquired Visa-branded Card transactions or Mastercard- Branded Card transactions at any time from January 1, 2004, to January 25, 2019.

What is this lawsuit about?

Merchants that accepted Visa or Mastercard credit or debit cards between January 1, 2004, and January 25, 2019, claim that Visa and its member banks violated the law because they set the interchange fees and because they imposed and enforced rules that limited merchants from steering their customers to other payment methods.

Those rules include; so-called no-surcharge rules, no-discounting rules, honor-all-cards rules, and certain other rules. Doing so protected them from competitive pressure to lower the interchange fees.

It is reported Visa and Mastercard conspired together about continuing in those activities despite the fact that both Visa and MasterCard* changed its corporate structure to become a publicly owned corporation after this case was filed.

The Defendants state they have done nothing wrong, that their business practices are legal, justified, the result of independent competition and have benefitted merchants and consumers. However; their unjust conduct has had the effect of forcing merchants to overpay their interchange fees. Had they not acted upon these allegations, those fees would have been lower.

What is an interchange fee?

When a purchase is made with a credit or debit card, there is an interchange fee tied to those transactions, which is usually around 1% to 2% of the purchase price. Interchange fees are typically the largest portion of fees paid monthly by merchants and are set by the card issuers.

Why is there a settlement?

Both sides agreed to settle the case after 13 years of litigation. After mediation and negotiations, it was agreed up to settle outside of court and avoid the expense and time that a trial and the appeals that would follow.

How much money will be provided in this settlement?

Visa, Mastercard, and the Network Defendants* have agreed to provide $6 billion to merchants that wanted to be a part of the settlement. Those who chose to exclude themself from the settlement will not receive any compensation.

How do I get my share of the money from the settlement?

You need to file a claim to get money from this Settlement. You should have received a claim form in the mail or by email. You can register by clicking this link.

Network Defendants:

“Visa”: Visa U.S.A. Inc., Visa International Service Association, and Visa Inc.; and

“Mastercard”: Mastercard International Incorporated and Mastercard Incorporated; and

Bank Defendants: Bank of America, N.A.; BA Merchant Services LLC (formerly known as National Processing, Inc.); Bank of America Corporation; Barclays Bank plc; Barclays Delaware Holdings, LLC (formerly known as Juniper Financial Corporation); Barclays Bank Delaware (formerly known as Juniper Bank); Barclays Financial Corp.; Capital One Bank (USA), N.A.; Capital One F.S.B.; Capital One Financial Corporation; Chase Bank USA, N.A. (and as successor to Chase Manhattan Bank USA, N.A. and Bank One, Delaware, N.A.); Paymentech, LLC (and as successor to Chase Paymentech Solutions, LLC); JPMorgan Chase & Co. (and as successor to Bank One Corporation); JPMorgan Chase Bank, N.A. (and as successor to Washington Mutual Bank); Citibank, N.A.; Citigroup Inc.; Citicorp; Fifth Third Bancorp; First National Bank of Omaha; HSBC Finance Corporation; HSBC Bank USA, N.A.; HSBC North America Holdings Inc.; HSBC Holdings plc; HSBC Bank plc; The PNC Financial Services Group, Inc. (and as acquirer of National City Corporation); National City Corporation; National City Bank of Kentucky; SunTrust Banks, Inc.; SunTrust Bank; Texas Independent Bancshares, Inc.; and Wells Fargo & Company (and as successor to Wachovia Corporation).

Jodi Goddard In Business Services, Merchant, Retail, Technology & Equipment

Converge

Converge is a very robust payment gateway for processing payments accessible from any secure browser. Converge gets it done quickly, safely, whether in-person, online or while out and about. It has a full range of payment types such as debit/credit cards, electronic checks, mobile wallets, gift cards, and recurring payments.

Converge is great for any environment. You can take advantage of the mobile app and have the option to use NFC and EMV. Adding a “Buy Button” will allow for adding payments on existing websites, new websites, and integration with over 50 popular shopping carts.

This software is fully encrypted with add-ons to help manage customer information easily. Each transaction is encrypted during every stage of the process. There will not be any sensitive data stored in the app or the card reader. If you were to lose your device or misplace it somewhere you can be assured that all payment information is secure.

One major security option is Tokenization, which allows you to manage customer credit cards and billing information (card on file) in the Card Manager and process transactions manually at a later time, such as something subscription-based, or payment plans.

Converge has billing and invoicing capabilities so you are able to increase your cash flow. You can save time and resources by using Converge to create invoices, email to customers and accept your payments online, or set it up to do recurring billing that will work with credit, ACH, and eChecks and can be customized to whatever time frame you need. Another big benefit is the auto-population that will allow for Level 3 processing, which results in lower fees.

Features

Account Updater — Converge updates automatically to ensure the latest information is used to reduce authorization declines and will streamline payments.
Dynamic Currency Conversion (DCC) — Visa and MasterCard credit card purchases are converted instantly at the time of checkout to the cardholder’s home currency. DCC is a great option that gives the cardholder who is aborad the option to process in their native currency or the local currency. Rates are updated daily to have the most up-to-date exchange rates in the market.
Multi-Currency Conversion (MCC) — This allows merchants to sell products and services in various currencies and receive funding in their home currency.
Multiple-User — Allows merchants to set up a user structure for increased security.
Customizable Payment — Allows for online payment and Virtual Terminal payment forms to be configured for unique business needs.
Auto Settlement –Allows for programs to automatically settle un-pended transactions.
Custom Decline Messages — This Allows for non-approved authorization responses to be customized for consumer-initiated transactions.
User-Defined Fields — Supports additional user-defined transaction prompts on all payment forms.
Dynamic DBA — This Allows you to customize the information on the customer’s credit card statements, this way you can specify wording that is more recognizable to the customer.

Security Features

Various security features are built into Converge and include:

System timeouts after inactivity
Restricted system logins
Enhanced Logins with IP Recognition
Password requirements

With how diverse converge is, it’s no wonder it is one of the top-rated options in the market, in addition to being one of the least expensive, paired with our interchange optimization and Platinum Guarantee, and top it off with one of our Payment Professionals who will make sure you don’t just process with Platinum, you get to experience it.

To read more about Converge click here.

Jodi Goddard In Business Services, Merchant, Retail, Technology & Equipment

What You Need To Know About Cash vs Card

We have gone over some of the top 8 reasons to take cards. Here are even MORE reasons why taking a card and being a small business is beneficial.

When you are not taking cards, you are losing out on a big piece of revenue from the loss of potential customers. Consumers want the quickest and easiest way to pay. having multiple payment types should go without saying. But in case you need a little nudge to help see the benefit we can break it down into some stats.

We have talked about cash and checks being a dying breed, so therefore we already know that most people are not carrying cash at all, or nothing more than a few dollars for a soda run.

Bankrate did a really cool study on how much cash American’s are carrying on the daily. Here are the results of that study

More than two-thirds of consumers carry $50 or less on a regular basis.

About 9 percent of those surveyed say they don’t carry any cash at all.
Six percent of those making $75,000 or more carry more than $250 in cash, compared with 2 percent of the overall population.
The amount of cash people carry with them is fairly consistent across different age groups.
Women tend to carry less than men. Seventy-seven percent of women carry $50 or less on a daily basis, compared with 61 percent of men.
Who carries large amounts of cash anymore or wants to pay a $3-$5 ATM fee?
It may come at an expense to your business, but some customers will not want to shop at your business if you do not accept credit cards. Either they’ll completely avoid your business, or they’ll spend far less money.

When taking these stats into count, in addition to the 8 Top Reasons To Take Cards it should help you see the bigger picture and the benefits of having multiple payment options. Combine that with more information on consumer trends and there shouldn’t be a doubt in your mind that taking cards is a smart move, so why not do it with one of the best in the industry!

Jodi Goddard In Business Services

How To Get Out of Your Processor’s Contract

How To Get Out of Your Processor’s Contract and Agreements

What do you do if you aren’t with us and stuck in a contract?

Often one of the most dreaded tasks for a business owner is to cancel their current merchant account and somehow escape the early termination fees. How To Get Out of Your Processor’s Contract and Agreements?

Time and time again merchants are surprised to find out there is an early termination fee (ETF), which was usually not disclosed at the time of their enrollment, in addition to the ever-evolving terms and conditions of service. Unfortunately, some people do not read the fine print or updated terms. When they accept payment after receiving an updated notice, it is taken as a new agreement to whatever those terms may be, whether an added time frame, rate increase, or additional termination clauses.

2 Simple Steps Save Hours Of Headache

Do Your research. I know that merchant services are a cringe word for business owners. There will always be a horror story or a bad representative that can tarnish it for everyone else. Knowing who you are going to be working with is very important. Because of the constant changes in the processing world, our reps are training weekly to stay up to date in all areas.
Know the EXACT terms of your agreement. We have all been told to never sign anything without reading it and fully understand the document. We also ignore that advice for a large chunk of things. Looking at a 12 page, small print, legalese paper brings a wave of anxiety and stress, so instead, we will sign it because we know we need to. Ever heard “stop to smell the roses”? The same thing, just for important business decisions, sounds like common sense, but when it comes down to it, we know we all have room to improve.

Why does it matter?

Flat Fees – A flat fee is just that, a flat rate to be charged upon cancelation, it can have a wide range but usually starts out at a few hundred dollars.

Liquidated Damages – This type of fee can be extremely expensive. This is the type of fee that is based on losing revenue for the processor. So for example, if you were to cancel a 2-year agreement one year into it, you would be responsible to pay for the remaining years worth of processing fees.

Here’s How To Get Out:

— If the processor changes their terms it can void your agreement IF you don’t continue to process with them. Remember, that the first transaction processed is considered an agreement.

— Look for “material” changes. This is usually defined as a change that affects the obligations of the parties or the meaning of the document. A rate increase can be sufficient to terminate the contract without incurring a penalty.

–Look for language that states no cancellation fee will be incurred if terms are changed. Then know exactly what to do to use it for your benefit. There are other companies who will auto-renew your agreement if they do not receive anything in writing within 30-60 days.

— Read your statement to see if fees have increased within the last 3 months. Some states have laws that state if your fees have been raised at any time during your contract, you can cancel within a certain period and avoid ETF.

— If you were to go out of business before the contract expires, some contracts will waive the ETF. If you are ever in that type of situation a simple phone call to your processor with an explanation may be in your best interest to either have it taken off, or minimized.

Liability

Some merchants will try to avoid payment, close the associated bank accounts, and dodge calls. It is far better to try to work with your processor and come to some type of arrangement, think honey, not vinegar. That same contract is also designed to protect the processor and they will have legal rights too. Worst-case scenario, it damages your credit or prevents you from obtaining another merchant account. You are legally responsible for those fees even if you want to cancel your contract.

Because of our Platinum Guarantee, you don’t have to worry about term-based contracts when you are processing with us.

Jodi Goddard In Business Services, Merchant, Retail, Technology & Equipment

Why Field Service Needs Mobile Payment Options

If your business is still playing the paper invoice and wait game, it’s time to look into upgrades. Mobile payment processing is rapidly taking over because of the convenience for everyone. There is no use for a point of sale when your work is done in the field. This is ideal for those who are in the construction industry or field service industry, such as concrete, roofing, cleaning, plumbing, electrical, restoration, and HVAC.

WHY DOES IT MATTER?

It all comes down to cash flow. Are you a smaller business that relies on payments in order to cover your supplies? Either way, expenses won’t stop coming in. Suppliers, employees, resources, building materials, and other expenses will continue to pile up regardless.

Having to wait for a previous payment on a job in order to get the needed materials for the next job is detrimental to doing business and is likely hindering your profitability. If you are mailing paper invoices it can be anywhere from days to weeks until that payment hits your account.

This is a very cost-effective and simple addition to your business with rewards reaped outweighing the fees that you would have. Think of it as an eco-friendly way to replace stamps, stationery, and accounting/bookkeeping costs.

BENEFITS FROM MOBILE PAYMENTS

The best option is to utilize mobile payment options. Being able to collect payments while out in the field not only ensures payment but also helps you get into a better cash flow position, which in turn will bring about many benefits and stability.

Instant payment at the time of service which allows for better planning on future jobs
You will save time — It is easier to keep track of everything if you have it in one location.
Makes collections simple — It will become less of an issue with payment collected at the time of service.
Digital records — Having automated records of job completion and other information at your fingertips
Less time between completion of the job and payment which means more work in the future
More sales
Mobile invoicing apps integrate with accounting software
Being able to take multiple payment types
The ease and simplicity mean happier customers, and happy customers give referrals.

MOBILE PAYMENT OPTIONS

Platinum Payments has a few different options for mobile payments that will keep you up to date with the latest technology trends.

Ingenico Move 5000 wireless terminal
ICT 250G wireless terminal
Verifone Vx 680 wireless terminal
Converge software on your cell phone or tablet
Poynt wireless point of sale system

In short, there is no reason that you should NOT be taking mobile payments. If you would like to read more, here is an article by Honeywell that will have a breakdown of more of the benefits of the mobile payment processing VS paper invoice model.

Contact us for help with deciding which mobile payment option would be a good fit for your business. Let our Payment Professionals show you the ins and outs of mobile processing and other services that may be helpful to you.

Jodi Goddard In Business Services, Merchant

Platinum Guarantee

Treat others the way you want to be treated, a basic philosophy that every single employee adheres to. Treat others the way they want to be treated is one that Platinum Payments adheres to.

The electronic payment industry can be unchartered waters for a merchant. Merchant Services are necessary for running a successful business, but it is also overwhelming and quite frankly, a major pain for most people.

We have professional consultants to make things go as smooth and simple as possible. They take all the guesswork out of the equation so you, the merchant, can focus on what is most important to you.

The Platinum Guarantee was founded by industry veterans who wanted to offer the best possible solution to their customers. They were tired of worrying about the next rate increase being passed down from the big processors and banks.

Platinum Payments offers programs where businesses and merchants need not fear extra markup constantly being added to their account and they can focus on growing their business instead of managing fees.

What exactly is the Platinum Guarantee?

The Platinum Guarantee is a series of guarantees that protect you, the merchant, from any rate increase, buying unnecessary equipment, term based agreements or termination fees when you sign up with us as your electronic payment processor.

One of the important takeaways from the guarantee is being protected from any rate increases. What most Merchants don’t think to notice is the small disclaimer from their current processor that states a portion of the rate, or the rate in its entirety will be going up. They most likely had signed an agreement with a spectacular rate, but may not realize that those rates will increase over time. Most processors will do a slight increase twice a year. When a Marchant continues to process after they had received a notice, it is taken by the processor as an agreement to their new terms and conditions.

How will the Platinum Guarantee help my business?

We GUARANTEE that we will not raise those rates. That being said, we cannot control what issuers will do with their rates, but our margin will never increase. We like to have a custom plan for every merchant to best meet their needs. After a few months of processing, we do a reevaluation of the account to make sure the merchant is in the best position we can offer.

If our merchants are happy and doing well, we are happy and doing well. Our success is built upon the success of our clients and we are in it for the long haul. We want to build long-lasting professional relationships, be able to offer the newest technology, products, and services as well as making sure our clients are following the rules and regulations to make sure that they will be protected. We monitor our accounts to make sure that the Merchant is in compliance and taking cards the right way to maximize fraud protection and savings.

Business Services

What Exactly Went Down

How Square’s Policy Change is Impacting Small Business Owners

Transparency in Changes, Advocacy for Small Businesses

For more information, check out www.foursidesolutions.com or call 855-275-4584.

Start Taking Payments On One Of The Most Beefed-Up CONTACTLESS Smart Terminals!

Just how beef-ed up you ask?

What accessories do you ask?

Banking Services vs Platinum Payments: Rates, Flat Rate, Funding and Pricing!

Banks

Rates Are Not Competitive

Having A Middle-Man

Funding

No Industry Experience

Contracts

Platinum Payments

Rates ARE Competitive

NO Middle-Man

Funding

A Lot of Industry Experience

No Contracts

What is this lawsuit about?

What is an interchange fee?

Why is there a settlement?

How much money will be provided in this settlement?

How do I get my share of the money from the settlement?

Features

Account Updater — Converge updates automatically to ensure the latest information is used to reduce authorization declines and will streamline payments.

Multi-Currency Conversion (MCC) — This allows merchants to sell products and services in various currencies and receive funding in their home currency.

Multiple-User — Allows merchants to set up a user structure for increased security.

Customizable Payment — Allows for online payment and Virtual Terminal payment forms to be configured for unique business needs.

Auto Settlement –Allows for programs to automatically settle un-pended transactions.

Custom Decline Messages — This Allows for non-approved authorization responses to be customized for consumer-initiated transactions.

User-Defined Fields — Supports additional user-defined transaction prompts on all payment forms.

Dynamic DBA — This Allows you to customize the information on the customer’s credit card statements, this way you can specify wording that is more recognizable to the customer.

Security Features

How To Get Out of Your Processor’s Contract and Agreements

What do you do if you aren’t with us and stuck in a contract?

Why does it matter?

Here’s How To Get Out:

Liability

What exactly is the Platinum Guarantee?

How will the Platinum Guarantee help my business?

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