How to Read the Fees on Your Merchant Statement!

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How to Read the Fees on Your Merchant Statement!

Click here to watch the video You deserve to know how much you are paying your processor for their services. I am going to teach you the difference between tiered pricing and interchange pricing plus talk about flat rate pricing. Hi Gingergaye here with Electronic Money Company and I’m going to teach you how to read a Merchant Statement and understand the numbers that are … Read More

Are You Confused About Credit Card Processing?

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Are You Confused About Credit Card Processing?

Click here to watch the video Learn how to NOT get scammed by the next credit card processing salesperson. Are you confused about credit card processing fees? Most merchants have been scammed at least once. The problem is that when you get a quote it’s actually missing information. The quote tells you about a low rate, but the salesperson neglects to tell you that it … Read More

Discover 17 Leaks Which Leave Restaurant Owners Poor!

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Discover 17 Leaks Which Leave Restaurant Owners Poor!

Click here to watch the video Discover how Restaurant POS and Merchant Services Choices can greatly affect a restaurant’s bottom line. Restaurant owners can grow their bottom line by tightening up the small money leaks that can add up if not attended to. A good example of this is employee theft. Like the famous soda pop game that waiters play, perhaps your point of sale … Read More

How to Save .75% on Credit Card Fees for Corporate, Business and Purchasing Cards!

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How to Save .75% on Credit Card Fees for Corporate, Business and Purchasing Cards!

Click here to watch the video Stop donating an extra ¾% to 1% to the banks for your corporate, business and purchasing payment card transactions! Fill out the form on the link below to get access to our special report: https://electronicmoneycompany.com/b2bSecrets I’m going to tell you a secret on how you can lower your credit card processing rates for corporate, business, and purchasing cards. So … Read More

Ecommerce Fraud Prevention | Prevent Fraud on Your E-Commerce Site with Tokenization | PCI DSS

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Ecommerce Fraud Prevention | Prevent Fraud on Your E-Commerce Site with Tokenization | PCI DSS

Click here to watch the video What is tokenization and how does it protect your e-commerce business and your card holders information as they enter it onto your website? Tokenization is a step up from encryption. Encryption scrambles the credit card data in an algorithm and attaches a key to that algorithm along with the transaction. But hackers have been able to get access to … Read More

Text to Pay

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Text to Pay is just like sending invoices in an email with a click to pay button, only using text messaging to send the click to pay button.  Just like in an email, the link takes them to a website where they can enter a credit card or debit card for their invoice payment.  The newer technology is now Text to Pay.  Most people are … Read More

Why Get a New Tablet POS?

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Tablet POS

A very good merchant customer of ours has been using a POS system in their retail establishment for many years.  They were processing credit cards in a terminal sitting next to the POS.  Recently they contacted us asking about an updated POS system with integrated payments. Their old POS cost them a ton of money from employees offering unapproved discounts to their friends.  The old … Read More

How a Merchant Can Protect Themselves Against a Chargeback!

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Here is a true story about a furniture store that lost a $5,500 chargeback and how it could have been prevented. The customer paid for the furniture over the phone with an approved credit card. The customer asked if the store could deliver the furniture about an hour outside of town, to which the furniture store complied. When the delivery person arrived with the furniture, … Read More

What is the Newest Hidden Merchant Fee from Credit Card Processors?

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Merchant Services Hidden Fees

The credit card processing industry has upgraded its efforts to protect merchants against fraud.  One of the best advances has been introducing the chipped card versus the older magnetic swipe technology.  That magnetic stripe was easy for fraudsters to extract credit card numbers and even address information to manufacture and duplicate peoples’ credit cards. Chipped cards are challenging for fraudsters to replicate because the transaction … Read More