- Merchants and agents alike are capable of calling in and speaking to a live person. No long hold times or voicemails.
- We represent over 10 different banks and processors worldwide. Ensuring that agents are able to place the majority of the accounts they sell. Don’t miss placing a high risk merchant because your current solution only uses one bank.
- Our attrition rate is under 3% annually without contract termination fees! The industry average is over 20%. Merchants stay with us because of our pricing and support.
- We process hundreds of millions of transactions annually.
- Best of all, our agreement is non-exclusive! Work with as many different processors/banks as you would like. We guarantee we will earn the majority if not all of your business.
- Call today and let us show you how we can help increasing your residuals while also exceeding your expectations.
3 TECHNOLOGIES THAT ARE CHANGING THE CREDIT CARD PROCESSING INDUSTRY
The credit card processing industry is not immune to the dramatic and swift changes the technology has made to the world in the last 20 years. Actually, it is the technology that has made processing of credit cards more convenient and safer for every body. MasterCard’s and Visa’s authentication and card verification systems are just one example of such advancement. But, there are 3 new recently released and emerging technologies that can make a major difference in the way people do business.
Mobile Credit Card Processing
As there is tremendous progress in mobile technology, there are also several advancements in mobile processing of credit cards. This improved mobility features is most suitable for businesses that are on the move and permits business owners to take payments through credit cards from their customers through their computers.
Several million business owners have realised the benefits, this kind of process has to offer. Those individuals who sell in home based parties and trade shows have enjoyed the benefits of mobile credit card processing to the greatest extent. This method is safer and convenient than writing down the crucial details and risk exposing it.
Mobile Phone Wallets
People in Asian countries have given up the plastic and switched over to the cell phones. Could America be next? Most probably, and it may happen sooner than you think. Most of the big banks in the United States already permit mobile phone users to check their account balances using their mobile phones. People can also avail other services such as bill payments, alerts and money transfers and also security features like warnings when the system finds some suspicious activity in their account.
Sooner or later, experts are aiming to take this technology 1 step further and enable mobile phone users to pay for their purchases using their mobile phones. In fact, the experts in the banking industry see this happening very soon. Today, you can use your mobile phones to pay for some type of purchases.
Pocket Size Credit Card Processing Terminals
The providers of merchant accounts already provide portable terminals, however, there is just 1 problem with them to use it in trade shows or door to door sales or other similar events which is: they are very bulky. This problem is overcome by a terminal that is small, not bigger that the size of a credit card. Its weight is 1.4 ounces and its memory can hold seventy one transactions before it becomes full. Then you need to connect it to a computer using a USB cable and upload the data, before you can start freshly. The only drawback to this model is that it has no screen and no keys. While this issue will be taken care of very soon; for now users will have to live with it.
Credit Card Processing is not perfect; however technologies like these will help the users to deal with some issues for now. This is a good start.
