Click here to watch the video Free Up Your Time so You can Live Your Dream! Isn’t that why you started a business in the first place? Put your business on autopilot using POS tablet technology versus a credit card terminal, a cash drawer and a cash register. Here is why. The old system consists of using a cash register for ringing up tickets and … Read More
Choosing Between Monthly, Daily, and Zero Discount Fees for Merchant Services!
Click here to watch the video Daily Discount Fees Vs. Monthly Discount Fees What is the difference? Monthly discount fees are when all your rates and fees are deducted from your bank account on the first day of the month following the month of payment processing. Your merchant statement is so easy to reconcile. Each daily batch is listed on the statement. You can easily … Read More
Beware of This Credit Card Chargeback Scam Used Against Merchants!
Click here to watch the video Credit Card Refund Scam Against Merchants! One of my clients called recently to ask some questions about refunding a customer. This particular customer paid a deposit on a custom engineering project and then decided to cancel the order. The merchant told this customer he would refund the card. However, the card holder argued that they didn’t have the card … Read More
What is PCI Compliance and Why Do I Have to Pay Fees for It?
Click here to watch the video What is PCI Compliance? PCI stands for Payment Card Industry. So a little background here… the United States used to have more fraud from credit card processing than all the other countries together. So one of the new adoptions was the chip card because the magnetic stripe can be copied easily by thieves and the chip card is encrypted … Read More
Does Your Merchant Services Raise Your Rates & Fees Every 6 Months?
Click here to watch the video Have you noticed that over time the Merchant Services Credit Card Processing Rates that you started with start creeping up or even jumping up and that’s because they are they really are. Hi, I’m Gingergaye, President of Electronic Money Company and I want to explain what’s going on. So there are thousands of different rates for different types of … Read More
How to Prevent a Chargeback! Don’t get Hoodwinked Like the Merchant in this Story!
Click here to watch the video Hi let’s talk today about how to not be naive about a credit card chargeback that could happen to you… Hi I’m Gingergaye, President of Electronic Money Company. I’m going to tell you a story about something that happened to one of our customers. It’s a true story. So they had a furniture store and when they first signed … Read More
How to Choose a Credit Card Processor?
Click here to watch the video Here are some tips to avoid the entrapment by a merchant services salesperson into getting stuck with hidden fees. The problem with choosing a credit card processor is the complexity of the fees and sadly it seems that 95% of the sales-people out there are scamming and lying to you outright just to pay on their commission. They give … Read More
Why I Switched To Electronic Money Company Merchant Services!
Click here to watch the video Hear why Greg switched his processing from his bank to Electronic Money Company merchant services. He saved money and got huge gains in customer service! Feel free to give us a call at 505-296-2847. We will help you read your own Merchant Statement or answer your questions or compare to what somebody else has talked to you about. Stay … Read More
Don’t Make This Mistake When Choosing a Credit Card Processing Provider!
Click here to watch the video In this video, I will talk to you about one of the biggest mistakes merchants make when choosing to work with a credit card processing salesperson. Most merchants only think to search for the lowest rate. But a huge mistake is going with a processing salesperson who doesn’t do his own customer support. You get told about the 24/7/365 … Read More
Don’t Get Scammed with These Hidden Fees from a Credit Card Processing Salesperson!
Click here to watch the video In this video I am going to talk to you about how to discover the hidden fees on your merchant statement or the hidden fees that a sneaky salesperson is trying to scam you with. I am Gingergaye, president of Electronic Money Company for over 20 years. Most merchants understand that the processor charges a rate, plus a transaction … Read More