Tap-to-Pay Technology Reduces Chargebacks One of the most effective ways to reduce chargebacks is by adopting tap-to-pay technology.  Reducing chargebacks is critical for protecting profits, maintaining a good relationship with payment processors, and preventing unnecessary fees and time-consuming tasks of fighting chargebacks. Enhanced Security Tap-to-pay provides enhanced security using Near Field Communication (NFC) combined with tokenization.  Unlike magnetic stripe or EMV chip payments, tap-to-pay does

Tap-on-phone technology enables merchants to accept payments directly on their IOS smartphones without needing additional hardware like traditional mobile payment terminals. This is a game-changing feature for businesses looking to reduce costs and simplify their payment processing setup. They no longer need to have staff or contractors carry an extra device with them to accept payments. The new technology is simpler and easier to use

Attention gym, dance studios, and salon owners! Mindbody is terrific software for managing your business. But does it feel like you’re paying sky-high credit card processing fees every month and not getting the value you deserve? If you’re tired of watching your profits disappear into payment fees, this blog is for you.   I will show you how Electronic Money Company can help you lower your

Attention Truck Repair Shops! Are you getting the best deal on your payment processing rates? I am Gingergaye, owner of Electronic Money Company for 25 years, and I’m here to share 3 significant ways to grow your profits and streamline your payment processing.  We reduce rates on corporate cards, ie, B2B and B2G cards.   We can set you to get more business by taking Voyager

Hey roofing company owners! Let’s talk about a quick way to stop losing thousands of dollars each year to credit card processing fees. If you’re tired of watching those fees add up on every big job, then stick with me—I’ll show you some simple payment options that can save you a ton of money and keep more of your profits in your business. Why It’s

Stay with us to learn precisely why flat rates don’t work well for high-ticket transactions and how Electronic Money Company can provide a custom solution tailored to your business needs and save you a small fortune! At Electronic Money Company, we create custom rate structures that align with your specific transaction patterns.  For example, one of our auto repair clients signed up for Square when

Are you running your own mechanic shop? Keeping it running all on your own? Between fixing cars, managing staff, and handling customers, do you really have time to deal with payment issues? What if I told you that not only could you be saving money, but there’s also a better, faster way to get paid and get back to doing what you love? This is

Attention merchants who take corporate, business and purchasing cards!  Are you a wholesale business or a supplier of parts or a supplier of construction tools or materials? Are your customers other businesses? Or maybe you are a restaurant who has clients out for a business lunch and they are writing it off with their corporate card? It used to be that the only way to

Education of Merchant Services Rates and Fees Let’s start at the beginning with the education basics of merchant services fees: Credit card processing rates and fees are broken down into 3 separate parts that make up the total fee you pay.  Interchange rates – These are the fees that the banks who issue the cards receive for handling the risk of “instant uncollateralized credit”.  This

Avoid Hidden Fees and Rate Hikes with Electronic Money Company Are you tired of your payment processor sneaking in unexpected rate increases and monthly fees? You’re not alone. Many business owners sign up for what seems like a great deal, only to later discover their rates have been quietly increased, eating into profits and making it hard to budget. Here’s the story: One business owner