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

Discover A Payment Interface To All Windows-based EHR Systems

Click here to watch the video I’ll be sharing another fantastic benefit of Practice Management Bridge. It’s a game-changing payment interface designed specifically for medical offices, seamlessly connecting with all Windows-based EHR systems. Are you tired of dealing with disjointed systems across different locations and sections of your hospital or practice? Practice Management Bridge has got you covered! It works harmoniously with all your systems,

How to Save 30% of Staff Time at Medical Offices!

Click here to watch the video We want to shed light on how medical practices can enhance their bottom line by leveraging technology efficiencies. Digital tools play a crucial role in expediting the payment workflow. By encouraging patients to opt for self-pay through convenient methods, we eliminate the need for them to wait in line at a counter to settle their doctor’s bill or co-pay

Featured Image Medical Practice with Outstanding Receivables

Are You a Medical Practice with Outstanding Receivables? | Introducing Practice Management Bridge

Click here to watch the video Managing medical payment collections can be a challenging task for healthcare practices. While co-pays are typically collected at the time of service, there are often outstanding amounts that patients need to pay after their insurance has been billed. These unpaid balances can be difficult to collect, especially with recent government regulations that prevent these fees from affecting credit reports.

Attention Medical Offices! How to Reduce Outstanding Receivables!

Click here to watch the video Are you frustrated with slow cash flow from outstanding receivables? Is it hard to collect payments not covered by patients’ insurance? Practice Management Bridge is an interface to all Windows-based electronic health record systems that make it easy to collect payments before they become late. For example: Card on File: The bridge interface has a built-in agreement that gets

Payment Interface to All Windows Based EHR Systems!

Click here to watch the video Are you frustrated in your medical practice with old technology for payment processing? Do staff have to manually enter payment information into your EHR because payments aren’t integrated? Get the new technology with a simple interface that connects with all windows-based EHR systems! Save time and money making payments so convenient for your patients. Electronic Money Company is happy

3 Tips to Choosing a Merchant Services Provider!

Click here to watch the video Are you paying too much for your credit card processing fees, but find it challenging to compare a new quote to your current processor? Do you want a comparison quote from an honest merchant services provider, you can trust from the beginning and through the life of your business? Do you want a local merchant services provider to give

Beware! Visa is shutting down Cash Discounting Programs at the Terminal!

Click here to watch the video Merchants are going to be fined if they get caught by Visa for adding a custom fee at the terminal to cover credit card processing fees. Timestamp: 00:00 – Zero Cost Processing 00:44 – New Rules 02:24 – Penalties 03:40 – What to do now Today, I want to talk to you about cash discounting and surcharging because Visa

When to Choose Square vs a Merchant Account with a Processor

Click here to watch the video When should you consider setting up your credit card processing with Square versus a Merchant Services Company? Generally, if your revenue from credit cards is $5000 or less, then it is cheaper to use Square. If your business is more substantial, then you will probably want your own merchant account with a merchant services processor. Why? Square is cheap

Shopping Cart vs Hosted Payment Page vs POS Software with Online Ordering!

Click here to watch the video How do you set up a website to sell products online? There are three basic options. One is choosing a shopping cart to show off your products. The second is a hosted payment page. The third is to get an online Point-of Sale Software that links up on your website. The shopping cart allows customers to set up various

Why Integrate Payments with Your Software or App!

Click here to watch the video Why Work With Electronic Money Company for Software Integrated Payment Processing! We have been involved in merchant services for over 20 years and have the lowest attrition rate of any other merchant services we are aware of. Because of our service and support, customers never leave. They stay with us for the life of their business. This is the