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Electronic Money Company

Why Your Regular Customers Are Worth 6X More—and How to Get More of Them

Your Regulars Are Worth 6X More — Here’s ”Where” You’re Ignoring Them

Let me tell you something every business owner needs to understand if you want to grow your revenue without constantly chasing new customers. Your regular customers are everything. New data shows that repeat customers generate six times more revenue than one-time or occasional shoppers. Six times. That’s not a small difference—that’s the difference between struggling month to month and building a predictable, growing business. And

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ISV Payment Processing Strategy Featured Image

ISV Payment Processing Strategy: How the Right Partner Boosts Revenue & Client Retention

Adding payment processing to your software matters tremendously because of the added revenue for your software company.  What matters also is your choice of processor. Gingergaye here with Electronic Money Company. Today I am going to discuss why choosing the right payment partner up front with a strong relationship manager sticks your software customers to you long term while allowing you to focus on software

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Why ISVs Make More Money from Payments Than Software (Full Breakdown) featured image

Why ISVs Make More Money from Payments Than Software (Full Breakdown)

Many ISVs initially think they are in the software business, but the real profit often comes from payments.  The Revenue from Payment Processing Outperforms the Software Revenue Here’s how the revenue model of payment processing works. The fees that the merchant pays to accept credit and debit cards are comprised of the following:   The banks who issue the cards to consumers earn the wholesale interchange

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How to Save Thousands on B2B and B2G Payment Transactions featured image

Visa CEDP Changes Explained: How to Save Thousands on B2B and B2G Payment Transactions

If your business accepts a lot of corporate or government credit cards, a major change is happening in the payments industry. Depending on how you handle transactions, this could either increase your costs—or help you save significantly. What Is CEDP? CEDP stands for Commercial Enhanced Data Program. It’s Visa’s new system for determining which B2B transactions qualify for lower interchange rates. Why Visa Introduced CEDP

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Understanding New Visa Rules for B2B and B2G Merchants in Order to Save Huge $ on Rates featured image

Understanding New Visa Rules for B2B and B2G Merchants in Order to Save Huge $ on Rates

What Is CEDP? CEDP stands for Commercial Enhanced Data Program. If your business accepts a lot of corporate purchasing or government credit cards, there’s a major change happening in the payments industry that could either increase your processing costs or reduce them significantly, depending on how you handle transactions. How CEDP Works Visa has introduced this new framework, CEDP. Merchants that process B2B transactions and

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Why EPOS Now POS Systems Are a Smart Choice for Modern Businesses – Part 1 featured image

Why EPOS Now POS Systems Are a Smart Choice for Modern Businesses – Part 1

If you’re a business owner looking for a point-of-sale system, you’ve probably noticed there are a lot of options out there. Some are complicated. Some are expensive. And some require weeks of setup before you can even start taking orders. One POS system that continues to stand out for many merchants is Epos Now. I’ve worked with many POS solutions over the years, and what

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