Click here to watch the video You deserve to know how much you are paying your processor for their services. I am going to teach you the difference between tiered pricing and interchange pricing plus talk about flat rate pricing. Hi Gingergaye here with Electronic Money Company and I’m going to teach you how to read a Merchant Statement and understand the numbers that are … Read More
Are You Confused About Credit Card Processing?
Click here to watch the video Learn how to NOT get scammed by the next credit card processing salesperson. Are you confused about credit card processing fees? Most merchants have been scammed at least once. The problem is that when you get a quote it’s actually missing information. The quote tells you about a low rate, but the salesperson neglects to tell you that it … Read More
Discover 17 Leaks Which Leave Restaurant Owners Poor!
Click here to watch the video Discover how Restaurant POS and Merchant Services Choices can greatly affect a restaurant’s bottom line. Restaurant owners can grow their bottom line by tightening up the small money leaks that can add up if not attended to. A good example of this is employee theft. Like the famous soda pop game that waiters play, perhaps your point of sale … Read More
Ecommerce Fraud Prevention | Prevent Fraud on Your E-Commerce Site with Tokenization | PCI DSS
Click here to watch the video What is tokenization and how does it protect your e-commerce business and your card holders information as they enter it onto your website? Tokenization is a step up from encryption. Encryption scrambles the credit card data in an algorithm and attaches a key to that algorithm along with the transaction. But hackers have been able to get access to … Read More
Attention Business Suppliers with Net 30 Terms!
Culture in the business-to-business world has dictated a customary practice of offering buyers net 30 terms or even longer. Giving buyers 30 days is the same as borrowing money at interest for 30 days. Maybe a business has enough cash sitting in their bank account, but the slow speed of collecting money owed on invoices has an actual cost. Many suppliers offer a net 10 … Read More
Three Traps to Watch Out for When Thinking About Switching Your Credit Card Processing!
Trap 1: A Verbal Quote! Most of the time, a verbal quote only includes the rate, transaction fee, and monthly fee, which are just pieces of the equation. The rate usually reflects only the swiped rate or debit rate, and the salesperson often neglects to explain that if the credit card is a rewards card or a corporate card, of if the card is keyed-in … Read More