When to Consider Pin Debit vs Credit Card Transactions!

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Click here to watch the video What is the difference between credit card and pin debit card transactions? Let’s start with credit cards. The credit is linked to the cardholder’s creditworthiness by the card issuing bank. The merchant is offering credit to their customers. If a card is declined at the point of sale, the creditworthiness is ZERO. Do not accept a declined credit card, … Read More

Zero Fees with Pin Debit Processing for Dispensaries and FREE Terminal Offer!

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Click here to watch the video PIN debit versus A.c.h. And cashless ATM. How do you know which payment solution is best for your cannabis dispensary? Hi, I’m Ginger Gay, President of Electronic Monday Company. I’m going to start by talking about PIN debit a little bit. You have a credit card terminal which does only PIN debit, and the customer dips their card and … Read More

Save .75% On B2B Credit Card Processing!

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Click here to watch the video B2B stands for business to business. Similarly, B2G stands for business to government. That is opposed to B2C which is business to consumer. In the world of credit card processing, B2B and B2G transactions are at higher risk. Why? Because there is more fraud when employees are tempted to use their business credit cards for personal items. The company … Read More

Difference Between Void & Return on a Credit Card Transaction!

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Click here to watch the video Ginger Gay here of Electronic Money Company, the “Diva of Payment Solutions”! What is the difference between voiding a credit card transaction and refunding it? If the customer wants to return a product the same day they purchased it, then use the void process from your credit card processor. The ticket will not be batched to your bank. You … Read More

Why is it important to have the correct time in your credit card terminal?

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Don’t Forget to Change the Time in Your Credit Card Terminal Before We Turn the Clocks Back!

Click here to watch the video When you run a transaction in the credit card terminal, it sends a signal to get authorization and approval for the digital payment from the customer’s credit or debit card. It does not deposit the money into the merchant’s bank account until the merchant batches all of the transactions at the end of the day. Merchants can manually hit … Read More

Compare Square to a Merchant Account!

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Compare Square to a Merchant Account

Click here to watch the video Let’s Compare Square to a Merchant Account! Square is highly advertised and has brand name recognition.  Does that mean that it is the best payment processor for you?  Let’s explore. Square is easy to sign up. The application process is easy and simple.  I agree.  They pretty much take everybody, no matter how small you are or how bad … Read More

Text to Pay

Ginger HollowellCredit Card Processing/ Merchant ServicesLeave a Comment

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