Telemarketers often target small businesses, particularly in rural areas, using various tricks to gain your trust and make quick sales.  Here are some common tactics they use: False Identification: At the beginning of the call, they might say, “This is your merchant services calling.” They want you to believe they are your current merchant services provider, but they are not. This is a ploy to

Understanding Fleet Cards: Why Merchants Should Pay Attention What is a Fleet Card? Fleet cards are specialized payment cards issued by businesses and government agencies to manage the fuel and maintenance expenses of their vehicle fleets. These cards are accepted at a network of gas stations and repair shops, allowing businesses to centralize and streamline purchases related to their fleets. Benefits of Fleet Cards for

Beware of the Telemarketing Leasing Scam: Protect Your Business If you’ve ever been telemarketed about credit card processing, you’re not alone. These calls often start with a warning: “This is your merchant services calling, and your terminal is out of date. If it hasn’t already stopped working, it’s about to.” However, this is a scare tactic designed to manipulate you into making unnecessary and costly

Essential Questions to Ask When Choosing a Credit Card Processor As a merchant, you might have faced hidden fees, unexpected rate increases, overcharged terminal leases, or poor customer service from payment processors. To help you avoid these pitfalls, I’ve compiled a list of crucial questions to ask when shopping for a new credit card processor. I am Gingergaye, president of Electronic Money Company, and here

Who wants to text or email invoices to their customers with a click-ad-pay now button?  Gingergaye here with Electronic Money Company merchant services to talk to you about an app specifically designed for small business with a limited inventory. The app is called iPOS and includes the gateway for payment processing. An example might be a home business service contractor. Let’s pretend we have an

Chargeback Prevention Tips to Prevent Credit Card Fraud at Your Business! It is hard for customers who sign a receipt to win their chargeback.  The merchant has the advantage because the signature proves to the card processor that the customer did purchase the product or service.  Most credit card disputes or chargebacks are card-not-present transactions.  When you receive a chargeback, it is of utmost importance

Beware of an older credit card terminal called a Verifone Vx520 It has aged and is not comparable to newer technology.  It is being shut down as an end-of-life device by its manufacturer, Verifone. I am Gingergaye from Electronic Money Company Merchant Services.   What does End-of-life mean?  It means that it  will keep working until it experiences a glitch.  At that point, the terminal

Boost Your Bottom Line: The Power of Gift and Loyalty Cards In today’s competitive market, staying ahead means employing every tool at your disposal, and gift and loyalty cards are potent allies in driving revenue to your bottom line. Let’s unpack why these cards are indispensable assets for businesses of all sizes. Gift Cards Boost Sales: It’s a proven fact – customers tend to spend

Most merchants think getting a lower overall rate is the only way to save money on credit card processing fees. If you are one of those, listen up on how to become more savvy and beat the credit card salesperson at this game, especially if you are an auto dealer or a restaurant. First, the only rates you can negotiate are the percentage, the transaction

Signing up with a credit card processor marks a pivotal moment for any business. It’s a step towards convenience, efficiency, and accessibility in handling transactions. Square, among others, has simplified this process, allowing businesses to sign up online without the need for human interaction. But what lies beyond this seamless onboarding process? What happens when you need to speak with a real person? For many,