Why Your Regular Customers Are Worth 6X More—and How to Get More of Them

Your Regulars Are Worth 6X More — Here’s ”Where” You’re Ignoring Them

Let me tell you something every business owner needs to understand if you want to grow your revenue without constantly chasing new customers. Your regular customers are everything. New data shows that repeat customers generate six times more revenue than one-time or occasional shoppers. Six times. That’s not a small difference—that’s the difference between struggling month to month and building a predictable, growing business. And

The #1 Reason Small Businesses Are Ditching Big Name Credit Card Processors for Good

How do you feel when you call up a company that sold you a product or service because you have a question; a concern; you have a gripe; something is not working right; you don’t understand the billing; or for whatever reason you need to speak to a live human. Do you like it when you have to listen to a bunch of prompts, of

How to Uncouple Your Payment Processing from Your POS System and Save Thousands Every Year

If you’re running your business on a POS system that “comes with” its own payment processing, there’s a good chance you’ve felt it… those rates creeping up, support getting slower, and the sinking feeling that you’re stuck. You’re not alone—and more importantly, you’re not as locked in as you think. Let’s talk about what’s really going on, and how to fix it. A lot of

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ISV Payment Processing Strategy: How the Right Partner Boosts Revenue & Client Retention

Adding payment processing to your software matters tremendously because of the added revenue for your software company. What matters also is your choice of processor. Gingergaye here with Electronic Money Company. Today I am going to discuss why choosing the right payment partner up front with a strong relationship manager sticks your software customers to you long term while allowing you to focus on software

Why Roofers and Contractors Are Adding ACH to Their Dual Pricing Strategy to Save Thousands

Many businesses today are adopting dual pricing as a way to control rising credit card processing costs. Instead of absorbing the fees themselves, merchants offer customers two prices — a cash price and a card price. Customers who pay with credit cards cover the processing cost, while those who pay with cash avoid the extra fee. If your business processes large transactions, you can offer

Why ISVs Make More Money from Payments Than Software (Full Breakdown)

Many ISVs initially think they are in the software business, but the real profit often comes from payments. The Revenue from Payment Processing Outperforms the Software Revenue Here’s how the revenue model of payment processing works. The fees that the merchant pays to accept credit and debit cards are comprised of the following: The banks who issue the cards to consumers earn the wholesale interchange

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Visa CEDP Changes Explained: How to Save Thousands on B2B and B2G Payment Transactions

If your business accepts a lot of corporate or government credit cards, a major change is happening in the payments industry. Depending on how you handle transactions, this could either increase your costs—or help you save significantly. What Is CEDP? CEDP stands for Commercial Enhanced Data Program. It’s Visa’s new system for determining which B2B transactions qualify for lower interchange rates. Why Visa Introduced CEDP

Understanding New Visa Rules for B2B and B2G Merchants in Order to Save Huge $ on Rates

What Is CEDP? CEDP stands for Commercial Enhanced Data Program. If your business accepts a lot of corporate purchasing or government credit cards, there’s a major change happening in the payments industry that could either increase your processing costs or reduce them significantly, depending on how you handle transactions. How CEDP Works Visa has introduced this new framework, CEDP. Merchants that process B2B transactions and

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Epos Now POS Features Explained (Part 2): Payroll, QuickBooks & Delivery Integrations

Are you overwhelmed with options for a POS System for your business? One POS system that continues to stand out for many merchants is Epos Now. I’ve worked with many POS solutions over the years, and what I like about Epos Now is how simple it is for a business owner to get up and running while still having the advanced features needed to grow.

Why EPOS Now POS Systems Are a Smart Choice for Modern Businesses – Part 1

If you’re a business owner looking for a point-of-sale system, you’ve probably noticed there are a lot of options out there. Some are complicated. Some are expensive. And some require weeks of setup before you can even start taking orders. One POS system that continues to stand out for many merchants is Epos Now. I’ve worked with many POS solutions over the years, and what

Beware Of Scam When Someone Besides The Cardholder Is Signing For A Transaction

A little caution goes a long way. Here’s a valuable tip to keep in mind: when you’re processing credit card payments and collecting signatures, make sure you’re dealing directly with the cardholder. In other words, avoid accepting a credit card from someone other than the account owner. Here’s why this matters: 1. Prevent Chargebacks: Taking a credit card from someone other than the cardholder can

Want click-and-Pay Payments Integrated with Your Software or App?

Simplifying Digital Payments: EMC’s Click-and-Pay Invoicing Tool In the world of digital payments, simplicity and speed are paramount. Electronic Money Company understands this well and we offer a fantastic tool that merchants and software partners absolutely love – Click-and-Pay Invoicing. This innovative feature allows merchants to effortlessly send invoices with a click-and-pay link, streamlining the payment process for both businesses and their customers. Instant Payment

Does Your Software Integrated Payment Processor Push Updates Automatically?

Software and app developers are continually seeking ways to simplify processes and enhance user experiences. For us in Electronic Money Company, one key to achieving this goal lies in delivering automatic software updates through the cloud, sparing customers the need for manual updates and ensuring a seamless and hassle-free experience. In this article, we’ll explore how our payment processor leverages cloud technology to keep services

Payment and Software Integration Benefit of Excellent Processor Service and Support!

In the dynamic world of software integration, choosing the right payment processor partner is a critical decision that can greatly impact your business and your clients. One key factor to consider when evaluating potential partners is their track record of service and support. In this article, we’ll delve into why service and support should be a top priority for software companies and ISVs (Independent Software

Merging the Payment Processing Application with Your Software Application

Integrated partners often seek ways to simplify their processes and provide a seamless experience to their customers. One way to achieve this is by eliminating the need for a separate application for payment processing after the initial software application. In this article, we will explore how businesses can make life easier for their integrated partners by leveraging the power of data extrapolation, streamlining the application

POS Light Built Into a Credit Card Terminal!

Click here to watch the video Revolutionizing Payment Systems: The Dejavoo QD4 Smart Credit Card Terminal By Gingergaye, Electronic Money Company Hello, fellow tech enthusiasts! Gingergaye here from Electronic Money Company, and today, I’m thrilled to introduce you to a game-changing innovation in the world of payment systems: the Dejavoo QD4, a smart credit card terminal that comes with a built-in point-of-sale POS light. This

Text-to-Pay: Transforming Businesses for Faster Payments and Happy Customers!

Click here to watch the video Revolutionizing Business Payments: Text-to-Pay Takes Center Stage By Gingergaye, Electronic Money Company – Merchant Services In the dynamic landscape of modern business, staying ahead of the curve is crucial. Hi there, I’m Gingergaye from Electronic Money Company Merchant Services, and I’m here to introduce you to an innovation that’s changing the game – Text-to-Pay. Say goodbye to the traditional

Clover now integrates Doordash, Uber Eats and Grub Hub!

Attention restaurant owners! Are you tired of juggling multiple delivery service tablets on your countertops? Do you wish there was a simpler way to handle online orders and deliveries seamlessly through your POS system? Well, we’ve got some exciting news for you! Clover POS just got way cooler with its latest features that are set to revolutionize the way you manage your restaurant operations. The

Streamline Collection, Posting, Reconciliation of Medical Payments to any EHR system

In today’s healthcare landscape, medical, dental, and veterinary offices face the challenge of rising healthcare costs, leading to patients bearing a larger share of the financial burden. As a result, medical practices must dedicate more time and resources to collecting payments, posting them to medical records, reconciling accounts, and managing billing for outstanding amounts. In this blog post, we will explore the universal concerns within

Time and Money Saving Benefits to EHR Payment Interface!

Click here to watch the video In the fast-paced world of healthcare, medical offices often face challenges in managing their operations efficiently. However, with the introduction of Practice Management Bridge, a payment interface for medical offices, practitioners can experience significant time and money-saving benefits. This article highlights three key advantages of integrating Practice Management Bridge with Windows-based EHR systems, providing seamless integration, improved efficiency, and