Connection Choices

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Connection Choices

How you choose to connect to your merchant account processing network may seem like a simple, perhaps, not even a question to ask point, but the fact is it could be the single most important impacting your customer service.  This article is restricted to retail, face-to-face environments as our topic.

I can’t tell you how many times I’ve been in line and wondered what the hold up.  Then I’ve watched customers get upset, sometimes even leave.  When I get up to the cashier only to find out that their choice of connection methods has cost them, in terms of angry customers, lost revenue, and more.

Let’s start with a few basics.

The old standard is POTS or Plain Old Telephone System or “Land Line” which refers to traditional copper wired phone.  Typically it’s the slowest connection, but it’s also the most reliable connection and least likely to fail.  Funny fact, most credit card terminals are still programmed on “Land Line” because they are so reliable.  Transactions run 6-7 seconds plus “dial time”.  That’s a long time per card swipe now days.  Most people are using this as “rollover” or “backup line” when the Internet lines go down.  That’s a highly recommended method for anyone who doesn’t want downtime.

Don’t confuse “Land Lines” with VOIP or Voice Over Internet Protocol which looks like a land line phone but is actually just the internet – or so called “Digital Lines”.  Digital Lines don’t work very well with credit card terminals period.  They are not recommended for use at anytime.  If you are using VOIP, then you obviously have an internet connection, you’d be more reliable using that type of connection.

Internet Connections come in a few flavors.  First of all there is “cellular data” such as “LTE” and those work great for low volume mobile phone and tablet readers.   Next, there is “Wi-Fi” which syncs up to your router to provide fast Internet inside your location.  This would be a great option when using a PC, a Mac, or even a Tablet/Phone device that stays inside the “Wi-Fi” zone.  Just make sure you’ve “locked down” your “Wi-Fi” with encryption and passwords.  Transaction times can run at a blazing 1-2 seconds, as long as your device isn’t asleep.

 

The ultimate connection continues to be a “LAN” or corded Internet connection to your router.  It’s the most reliable and it’s the fastest, plus it’s the most secure.  Transaction times can be as quick as ½ a second.

Contact Merchant Zoom today and we’ll consult with you on your best options.

Headquartered in Pinole California, MerchantZoom, Inc. was founded by Wally Arakozie. Previously employed by one of the largest merchant processing companies here in California for nearly a decade. Since the company’s beginnings MerchantZoom, has grown into a reputable national merchant provider.  Along with delivering state of the art technology and competitive rates, MerchantZoom, thrives on personalized local customer service and support. In order for your business to ZOOM!

 Address

759 Appian Way Ste 1A Pinole, CA 94564

E-Mail Us

Info@mchzoom.com

Contact Us

1-844-624-9666

Website

www.mchzoom.com

Facebook

https://www.facebook.com/mchzoom

LinkedIn https://www.linkedin.com/in/mchzoom

Twitter https://twitter.com/mchzoom

 

Content Release Date March 20, 2017 – MerchantZoom Inc.

Press Release by 72 Charms LLC, content is the responsibility of MerchantZoom, 72 Charms simply does it’s work for hire, contact us if you need to promote your business, otherwise, contact, MerchantZoom at http://mchzoom.com to take care of your processing needs.    If you need social media content management or WordPress design reach out us at www.72charms.com

Alternative payment methods (APMs) Risks

With the “perceived cost of accepting cards” alternative payment choices have appear to fill those desires to replace.  You may think you haven’t heard of them, but I’m sure you actually have, let’s review a few.  There  are eight different types, which include peer-to-peer (P2P) payments, money service businesses (MSBs), eWallets, mobile payments, prepaid cards, vouchers, bank debits and credits or linked bank accounts and cryptocurrencies (BitCoin).

Cybercriminals (hackers) seek unauthorized access to data Payment hustlers seek unauthorized access to payment methods.

We are not going to go in to details about what each of the types are, but we are going to explore the three most common ways a merchant is exposed to risks when taking non-traditional payments.  It’s no surprise that as credit cards have increased in security, the payment hustlers have been hard at work finding other payment method avenues to fraud.  EMV and those merchants that have adopted it have seen a large decrease in fraud activity.  Simply put – it’s harder to use traditional payment methods of credit cards then it is APMs.

“Because fraudsters are finding it harder to launder proceeds through credit card networks, they are looking for less monitored payment types — they are exploiting loopholes and looking for weaknesses.”  APMs are extremely vulnerable because of their tendency to unwittingly enable crime and fraud.

Mobile wallet transactions are expected to grow to $1.35 trillion in 2016.   Mastercard says, digital wallets comprise 75 percent of conversations about new payment methods, somewhere in the neighborhood of 2 million mentions on social media.  “When people talk about new ways to pay, digital wallets dominate the conversation,” he noted, underscoring the increasing popularity and usage of APMs, such as digital wallets and P2P payments.

P2P payments, will be used by nearly 100 million adults in the U.S. this year, which is about a 25 percent increase over last year and equates to about 38 percent of the U.S. adult population.

There’s no doubt that these types of APMs are not going anywhere anytime soon.

Three Common Fraud Themes

Payment hustling, sequential digital wallets and local law arbitrage.

Example 1) a merchant was engaging in counterfeit pharmaceuticals, the account was closed; but  as in many cases, (25 percent of merchants terminated for misconduct will later restart the very same prohibited services).  The site was relaunched using a popular P2P payment method and “announced” it no longer accepted credit cards and incentivized customers to use the APM for transactions.  That’s the payment hustle — when a fraudster is shut down on one payment method but starts back up using another.

Example 2) Since digital wallets can be funded with a credit card or bank-linked account (think the big box retailer with red colors and 5% discounts), card networks have required that if you operate this way, which is called staged digital wallets, an operator has to register with the network to ensure the systems aren’t being abused.  Some operators may put another wallet in front of that, which is known as a sequential digital wallet. This enables the first wallet to be funded with a credit card, and then that money is used to fund another wallet that hides who the cardholder is and how the money is being used from the card networks.  Now the consumer can go gamble, buy counterfeit goods or do other things because the wallet they are using is essentially hidden from the card networks.

In the 3rd and final example) consumers simply utilize the mobile wallet of another country to make purchases of things that are illegal in their own countries, which is referred to as local law arbitrage.

In any case, you as a merchant must figure out if it’s worth the risks.  If you can avoid the reputation damage, law enforcement intrusion or regulator scrutiny that can come as a result of being held liable for fraud taking place.

If you are a small company – sticking with tried and true credit and debit and the occasional gift cards and perhaps an ApplePay once in a while might be your best option while people who can afford the risk work out security to protect the merchants.

 

Headquartered in Pinole California, MerchantZoom, Inc. was founded by Wally Arakozie. Previously employed by one of the largest merchant processing companies here in California for nearly a decade. Since the company’s beginnings MerchantZoom, has grown into a reputable national merchant provider.  Along with delivering state of the art technology and competitive rates, MerchantZoom, thrives on personalized local customer service and support. In order for your business to ZOOM!

 

Address

759 Appian Way Ste 1A Pinole, CA 94564

E-Mail Us

Info@mchzoom.com

Contact Us

1-844-624-9666

Website

www.mchzoom.com

Facebook

https://www.facebook.com/mchzoom

LinkedIn https://www.linkedin.com/in/mchzoom

Twitter https://twitter.com/mchzoom

 

Content Release Date March 13, 2017 – MerchantZoom Inc.

Press Release by 72 Charms LLC, content is the responsibility of MerchantZoom, 72 Charms simply does it’s work for hire, contact us if you need to promote your business, otherwise, contact, MerchantZoom at http://mchzoom.com to take care of your processing needs.    If you need social media content management or WordPress design reach out us at www.72charms.com

Consumers And Merchants: Together On Mobile Payments

Mobile payments get a lot of attention these days.  They have been in the media endlessly.  Companies invested in them heavily.  Anticipated widely for at least the better part of the last decade.

But despite all the industry enthusiasm, two critical groups have remained largely unaccepting of mobile: merchants and consumers.

The good news, there is finally evidence that those figures are starting to shift just a little bit that both consumers and merchants are actually starting to move a bit closer toward that long-forecasted mobile inflection point.

Commerce is finally moving toward mobile and digital visibility

Mobile is in it’s early stages. eCommerce is in it’s middle stages. Retail is in it’s final stages.

The move toward the middle stage is accelerating faster than anyone had expected.

Where you as a merchant?

Are you in Retail?  Good.  It’s firm but dying.  Look around you big box is suffering everywhere and closing up shops.  Now specialty retail is following suit.  Are you in eCommerce.  Great.  It’s well established and growing year over year.  If you aren’t online, you need to be because it may just replace your retail business.  If you aren’t in Mobile – WHY?

Do this.  Start by taking mobile payments at your retail location.  Next get your online eCommerce working.  Then get it working on mobile.  Then tie it all together.

Wait.  Wal-Mart’s doing that.  Seriously.  Wal-Mart has retail dominated yet it’s competing head-to-head against Amazon.  What does that say to you?

And you aren’t…..why?

MerchantZoom is just the company to bring that to reality for your company.  The short answer is be ready when your consumer is ready.  Let’s start here.  If they present – say – YES we can take your PHONE as PAYMENT!  Give MerchantZoom a call today and we’ll help you be ready.

Headquartered in Pinole California, MerchantZoom, Inc. was founded by Wally Arakozie. Previously employed by one of the largest merchant processing companies here in California for nearly a decade. Since the company’s beginnings MerchantZoom, has grown into a reputable national merchant provider.  Along with delivering state of the art technology and competitive rates, MerchantZoom, thrives on personalized local customer service and support. In order for your business to ZOOM!

Address

759 Appian Way Ste 1A Pinole, CA 94564

E-Mail Us

Info@mchzoom.com

Contact Us

1-844-624-9666

Website

www.mchzoom.com

Facebook

https://www.facebook.com/mchzoom

LinkedIn https://www.linkedin.com/in/mchzoom

Twitter https://twitter.com/mchzoom

 

Content Release Date March 6, 2017 – MerchantZoom Inc.

Press Release by 72 Charms LLC, content is the responsibility of MerchantZoom, 72 Charms simply does it’s work for hire, contact us if you need to promote your business, otherwise, contact, MerchantZoom at http://mchzoom.com to take care of your processing needs.    If you need social media content management or WordPress design reach out us at www.72charms.com

Interchange and Association Fees

According to Oxford, Interchange is

in·ter·change

NOUN

the action of interchanging things, especially information:

[more]

“a free-market interchange of goods and services”

That’s pretty close, In merchant services parlance, interchange is a fee that is set by the credit card networks, charged to merchant services providers, passed along to merchants and paid to the issuing banks for the acceptance of payment card transactions.

What’s interesting is that these fees are set by the card networks, and are the same for all merchants of the same type.  In other words, Interchange is the level playing field between all parties.  If you are a “fast-food establishment” then you have the same interchange as the big boys, like McDonalds.  You can download Visa’s interchange fees, right here, and MasterCard’s fees right here.

Card Association Fees

In addition to Interchange fees that the merchant service provider must pay to the issuing bank, there are fees that are charged by Visa/MasterCard/Discover. There are several different fees that they assess, that are based on many factors, like the amount of volume you process per month, whether or not your customers physically present the card to you, the types of security precautions you take, possible international surcharges, and others. Since many of these fees depend on the circumstance of each transaction, they’re impossible to predict with 100% accuracy. However, the basic fees that the card associations charge are roughly 0.12% of volume, and $0.02 per transaction. Just like the rates that merchant service providers must pay to card-issuing banks, these fees are paid by all providers

The bottom Line

Add to this the “plus” or “mark-up” your card processor charges, plus their monthly fees for equipment, PCI, and statements, etc. and you have your bill.  You can’t negotiate Interchange or card association fees.  However, you can negotiate all the other fees.

Headquartered in Pinole California, MerchantZoom, Inc. was founded by Wally Arakozie. Previously employed by one of the largest merchant processing companies here in California for nearly a decade. Since the company’s beginnings MerchantZoom, has grown into a reputable national merchant provider.  Along with delivering state of the art technology and competitive rates, MerchantZoom, thrives on personalized local customer service and support. In order for your business to ZOOM!

 

Address

759 Appian Way Ste 1A Pinole, CA 94564

E-Mail Us

Info@mchzoom.com

Contact Us

1-844-624-9666

Website

www.mchzoom.com

Facebook

https://www.facebook.com/mchzoom

LinkedIn https://www.linkedin.com/in/mchzoom

Twitter https://twitter.com/mchzoom

 

Content Release Date Feb 27, 2017 – MerchantZoom Inc.

Press Release by 72 Charms LLC, content is the responsibility of MerchantZoom, 72 Charms simply does it’s work for hire, contact us if you need to promote your business, otherwise, contact, MerchantZoom at http://mchzoom.com to take care of your processing needs.    If you need social media content management or WordPress design reach out us at www.72charms.com

Merchant Services for Small Businesses

One of the most important decisions a small business can make is which merchant service they will use for credit card processing. There are many things to consider, which is why we’ve created this list.

This list takes into account that the primary concerns of a small business are price and reliability, and those are the most heavily weighted factors in our ranking methodology. We believe that simple, clear, concise pricing is the key factor.  I.E. paying for what you need and nothing more as a small business. Thus, we illustrate plans that are to understand, the fewer fees there are, and the clearer their pricing structure.

There are four types of pricing you will find among the various processors. Tiered pricing is complicated, often with many different fees that over time can really add up, and sometimes it’s not so easy to tell which fees you need to worry about and which times. Then there is bundled pricing. This is simpler than tiered pricing, clear and concise, but sometimes inflexible. Interchange Plus and Flat Rate pricing are the simplest pricing structures, they allow you to plan because you always know exactly how much the service will cost you.

First priority for you is Pricing Structure: Choices are, Tiered, Bundled, Interchange Plus, Flat Rate

Contractual Obligation: Month to Month is ideal, but at least get no termination penalty.

Customer Service:  A minimum today is 24/7 Hotline or Helpdesk.

Fee Simplicity: Fee or No Fee really depends on the fee vs. the rate.

Application Fee: If you as a merchant are getting a really good deal, this might be the only thing the representative is making money on.  If that’s not the case app fess can usually be removed and waived.

Termination Fee: See Application Fee

Gateway Fee: A fee of $10-$25 a month with SSL is fair, anything above that is price gouging.

PCI Compliance/Non-Compliance Fee: If you as the merchant are in control of this, then do it and don’t worry about it.  If however, you’ve done it, and you still get charged, it’s time to complain.

Setup Fee: Are you as a merchant demanding in person setup and training?  Then that’s the fee you are paying for.  If however, you are simply calling a 800# to install….it’s pure profit and can be eliminated.

Monthly Minimum: If you can’t bill $25 a month you shouldn’t have a merchant account.  You should look to PayPal or Square.  If you can bill $25 it shouldn’t be an issue, unless your merchant account person wants to charge you more than $25, in which case that’s a no go.

Perhaps it’s time for you to consult with Merchant Zoom….

Headquartered in Pinole California, MerchantZoom, Inc. was founded by Wally Arakozie. Previously employed by one of the largest merchant processing companies here in California for nearly a decade. Since the company’s beginnings MerchantZoom, has grown into a reputable national merchant provider.  Along with delivering state of the art technology and competitive rates, MerchantZoom, thrives on personalized local customer service and support. In order for your business to ZOOM!

 Address

759 Appian Way Ste 1A Pinole, CA 94564

E-Mail Us

Info@mchzoom.com

Contact Us

1-844-624-9666

Website

www.mchzoom.com

Facebook

https://www.facebook.com/mchzoom

LinkedIn https://www.linkedin.com/in/mchzoom

Twitter https://twitter.com/mchzoom

 

Content Release Date Feb 17, 2017 – MerchantZoom Inc.

Press Release by 72 Charms LLC, content is the responsibility of MerchantZoom, 72 Charms simply does it’s work for hire, contact us if you need to promote your business, otherwise, contact, MerchantZoom at http://mchzoom.com to take care of your processing needs.    If you need social media content management or WordPress design reach out us at www.72charms.com

Surcharging Vs Convenience Fees

Our Advice?  Don’t…however we encourage you to educate yourself….

If a customer is gracious enough to choose you…accept their payment and deliver….with thanks.   If you still think you should be charging extra fees because credit and debit cards charge you…please….this article was wrote for you.

CONVENIENCE FEES A convenience fee is associated with an “added value” that the cardholder receives in connection with a non-face-to-face card purchase in the form of an alternate payment channel outside of the merchant’s customary payment channels. For instance, a movie theatre is permitted to charge a convenience fee to cardholders that purchase movie tickets for a future showing through the Internet.  This alternate payment channel offers the cardholder added convenience since they do not have to be physically present to complete this transaction, thus a convenience fee is allowable. The movie theatre (this would be their customary payment channel), however, may not levy a “convenience fee” at the ticket counter. Visa and MasterCard define a Convenience Fee as a fee assessed by the merchant to the cardholder for payments processed through an alternative payment channel. A convenience fee cannot be assessed to the payments received in the customary, or standard, payment channel since there is no added convenience to the cardholder. The standard convenience Fee rules are: – Convenience Fee can only be charged in an alternative payment method. – Non face to face transactions only. – Disclose it is for using an alternative payment method. – Has to be flat or fixed amount, not a percentage of the sale. – Applicable to all alternate payments accepted including cash and check. – Included in the transaction total. – Disclosed prior to the completion of sale. – Cannot be charged by a third party. – Cannot be added to a recurring transaction. – Cannot be assessed by e-commerce company only by the merchants. – The Fee must be clearly and conspicuously disclosed to the cardholder and afford the cardholder an opportunity to opt out of the sale. – The fee should not be advertised as a fee assessed by MasterCard or Visa because it is not their fee.  As such, the fee cannot be advertised or otherwise communicated as an offset to the merchant discount rate. Point-in-Fact.  Offering the customer the option to pay with a credit card is not considered an added convenience, and merchants may not assess a convenience fee for any transaction completed through the customary payment channel. SURCHARGING A surcharge is a fee charged to the cardholder for using a credit card to pay for goods and/or services. Any merchant is able to implement a surcharge as long as they follow the guidelines. The surcharge amount may not vary with each customer/transaction The surcharge amount must be consistent, whether a flat fee or percentage is charged.

The MAXIMUM Surcharge Amount is 4%, however the surcharge must be in-line with the Discount Rate, i.e. effective rate of cards currently accepted. Merchants should calculate their effective rate for the past 6 months, and then take the average to obtain their surcharge amount. Merchants must register and wait 30 days before implementing the surcharge. Merchants must disclose at the Point of Entry to the store that they surcharge. Merchants must disclose at the Point of Sale (checkout) that they surcharge. Merchants must disclose the dollar amount surcharged on every receipt.

Merchants MAY NOT surcharge any debit cards EVER for any reason, signature, prepaid, or pin. Surcharging is for Credit Cards only.  It’s this over-step that gets merchants in trouble.

Merchants who surcharge may still be liable for fines if they mistakenly surcharge a debit card. Merchants who surcharge will not be able to accept American Express – and therefore must be willing to refuse all American Express cards – including American Express Debit Cards (such as BlueBird issued by WalMart).

If getting the best rate while maintaining the cutting-edge and secure credit card processing technology with customer service of a U.S. Company is what you’re looking for, then look no further, because, the knowledgeable employees of MerchantZoom are standing by to answer your questions and get you started processing credit cards today!  Testimonials are available on the website.  We are local.  We are national.  We are trusted!

Headquartered in Pinole California, MerchantZoom, Inc. was founded by Wally Arakozie. Previously employed by one of the largest merchant processing companies here in California for nearly a decade. Since the company’s beginnings MerchantZoom, has grown into a reputable national merchant provider.  Along with delivering state of the art technology and competitive rates, MerchantZoom, thrives on personalized local customer service and support. In order for your business to ZOOM!

 Address

759 Appian Way Ste 1A Pinole, CA 94564

E-Mail Us

Info@mchzoom.com

Contact Us

1-844-624-9666

Website

www.mchzoom.com

Facebook

https://www.facebook.com/mchzoom

LinkedIn https://www.linkedin.com/in/mchzoom

Twitter https://twitter.com/mchzoom

Content Release Date Feb 10, 2017 – MerchantZoom Inc.

Press Release by 72 Charms LLC, content is the responsibility of MerchantZoom, 72 Charms simply does it’s work for hire, contact us if you need to promote your business, otherwise, contact, MerchantZoom at http://mchzoom.com to take care of your processing needs.    If you need social media content management or WordPress design reach out us at www.72charms.com

Baby Steps To Merchant Services Part 2

In our second part of our series….we continue…

Ask the right questions.

There can be so many ancillary fees associated with a merchant account, so be sure to ask the right questions up front or when negotiating with a new provider. Here are some of the most frequent fees to ask about:

  • Are you being charged an annual fee?
  • Are you paying a monthly minimum penalty?
  • Are you signing a contract term and what is the early termination fee?
  • What is the monthly service fee?
  • What is the statement fee? (It should be online now days no need to print and mail paper!)
  • What is the batch fee? (This shouldn’t exceed 10 cents.)
  • American Express should be on “Opt-Blue” now days…make sure it is.
  • Is there a setup fee? If so why? Have the rep justify it.
  • Is there an application fee? (A small fee is reasonable.)
  • What is the PCI compliance fee? (This should not exceed $100 per year.)
  • What are my funding times? (24 to 48 hours including American Express and Discover now days.)
  • My fees be debited monthly? (Daily discount is a thing of the past.)
  • 24/7 customer and tech support for no additional charge.

If getting the best rate while maintaining the cutting-edge and secure credit card processing technology with customer service of a U.S. Company is what you’re looking for, then look no further, because, the knowledgeable employees of MerchantZoom are standing by to answer your questions and get you started processing credit cards today!  Testimonials are available on the website.  We are local.  We are national.  We are trusted!

Headquartered in Pinole California, MerchantZoom, Inc. was founded by Wally Arakozie. Previously employed by one of the largest merchant processing companies here in California for nearly a decade. Since the company’s beginnings MerchantZoom, has grown into a reputable national merchant provider.  Along with delivering state of the art technology and competitive rates, MerchantZoom, thrives on personalized local customer service and support. In order for your business to ZOOM!

 

Address

759 Appian Way Ste 1A Pinole, CA 94564

E-Mail Us

Info@mchzoom.com

Contact Us

1-844-624-9666

Website

www.mchzoom.com

Facebook

https://www.facebook.com/mchzoom

LinkedIn https://www.linkedin.com/in/mchzoom

Twitter https://twitter.com/mchzoom

 

Content Release Date Feb 3, 2017 – MerchantZoom Inc.

Press Release by 72 Charms LLC, content is the responsibility of MerchantZoom, 72 Charms simply does it’s work for hire, contact us if you need to promote your business, otherwise, contact, MerchantZoom at http://mchzoom.com to take care of your processing needs.    If you need social media content management or WordPress design reach out us at www.72charms.com

Baby Steps To Merchant Services Part 1

Make sure your rep is reputable.

Merchant services reps aren’t called the “used car salesman of financial services” for nothing. This reputation comes from decades of businesses being duped and taken advantage. Be sure to find someone to represent you who is LOCAL and whom you can trust, who has experience and can explain the industry jargon.  Get references.

Understand common pricing models.

There are three standard pricing models in credit card processing: flat rate, tiered pricing and interchange plus (also known as cost-plus pricing).  There a few other variations but they are all one of these three in some form.  Make sure your rep can explain all three to you.

Flat-rate pricing is best for merchants who are processing small monthly volumes. Tiered pricing generally feature three levels (sometimes more) called qualified, mid-qualified, and non-qualified tiers. Processors essentially bundle the rates it costs them to process transactions and offer you these tiers. As with flat-rate pricing, it’s simple to understand, but, costs you more.  The preferred pricing model is interchange plus. The term interchange is the wholesale cost that the card brands (Visa, MasterCard, Discover) charge a credit-card processor to process your transaction. You get access to those hundreds of wholesale costs and have a pre-negotiated rate that gets added to the top of it.  Does your rep know the differences among these pricing structures and have a good explanation as to why they’re choosing one for you?

Next week we’ll talk about a few more simple steps to take with your merchant services!

If getting the best rate while maintaining the cutting-edge and secure credit card processing technology with customer service of a U.S. Company is what you’re looking for, then look no further, because, the knowledgeable employees of MerchantZoom are standing by to answer your questions and get you started processing credit cards today!  Testimonials are available on the website.  We are local.  We are national.  We are trusted!

Headquartered in Pinole California, MerchantZoom, Inc. was founded by Wally Arakozie. Previously employed by one of the largest merchant processing companies here in California for nearly a decade. Since the company’s beginnings MerchantZoom, has grown into a reputable national merchant provider.  Along with delivering state of the art technology and competitive rates, MerchantZoom, thrives on personalized local customer service and support. In order for your business to ZOOM!

 

Address

759 Appian Way Ste 1A Pinole, CA 94564

E-Mail Us

Info@mchzoom.com

Contact Us

1-844-624-9666

Website

www.mchzoom.com

Facebook

https://www.facebook.com/mchzoom

LinkedIn https://www.linkedin.com/in/mchzoom

Twitter https://twitter.com/mchzoom

 

Content Release Date Jan 27, 2017 – MerchantZoom Inc.

Press Release by 72 Charms LLC, content is the responsibility of MerchantZoom, 72 Charms simply does it’s work for hire, contact us if you need to promote your business, otherwise, contact, MerchantZoom at http://mchzoom.com to take care of your processing needs.    If you need social media content management or WordPress design reach out us at www.72charms.com

The Truth About Meet Or Beat Offers For Merchant Service!

Meet or Beat – $100 – $250 – $500 – $1000

What offer did you get lately?

Let’s explore a few facts today.

1)      Interchange can NOT be changed by ANYONE period!  Interchange is set by the card associations such as Visa and MasterCard and not an individual company.

2)      The markup is all that is at stake and all that is we are negotiating.  Ever.  Do not forget this.

3)      Equipment is never part of this equation.  Never-Ever.  Never.

Fact is most people can’t ever qualify for the “beat” offer and it’s rare if “ever” a company actually gets a payout on one of these marketing gimmicks.   Why?

If I can sell you at one rate then they can sell you at the same rate.  The only difference is how many parties are involved.  First, is you the merchant.  Second, is your processor – that’s two – these are required.  If your company is direct then than we are all are on the same playing field.  However, there are so called “resellers” who buy from someone who buys from someone and therefore the “margin” is deeper than need be.   A company like MerchantZoom is direct and is not a “reseller” so you have the best possible pricing.

Bottom-line is simple.  If you’d like a lower rate.  Than let us talk about accomplishing that.  9 out of 10 times we can achieve that for you.  Reach out to us today and let’s have a conversation.

 

Headquartered in Pinole California, MerchantZoom, Inc. was founded by Wally Arakozie. Previously employed by one of the largest merchant processing companies here in California for nearly a decade. Since the company’s beginnings MerchantZoom, has grown into a reputable national merchant provider.  Along with delivering state of the art technology and competitive rates, MerchantZoom, thrives on personalized local customer service and support. In order for your business to ZOOM!

 

Address

759 Appian Way Ste 1A Pinole, CA 94564

E-Mail Us

Info@mchzoom.com

Contact Us

1-844-624-9666

Website

www.mchzoom.com

Facebook

https://www.facebook.com/mchzoom

LinkedIn https://www.linkedin.com/in/mchzoom

Twitter https://twitter.com/mchzoom

 

Content Release Date Jan 20, 2017 – MerchantZoom Inc.

Press Release by 72 Charms LLC, content is the responsibility of MerchantZoom, 72 Charms simply does it’s work for hire, contact us if you need to promote your business, otherwise, contact, MerchantZoom at http://mchzoom.com to take care of your processing needs.    If you need social media content management or WordPress design reach out us at www.72charms.com

Time To Change Your Merchant Account Provider?

It’s a new year!  Are you frustrated with high rates and fees charged by your current merchant account provider? Have you had service problems related to credit card processing and had trouble getting customer support on the phone? Is there some other reason why you’re not satisfied with the products or services delivered by your provider? Is your merchant account agreement up for renewal soon and you’d like to see if you can do better?

Free Account Review

MerchantZoom can help in all of these cases by reviewing your current credit card processing package and offering a viable alternative. It’s as simple as contacting us and providing copies of your most recent merchant account statements. We’ll do a free analysis of your current rates and fees to see if we can save you money.  We are a nationwide provider.  We can visit you in person in the “Northern California Bay Area” or we can do business via phone, fax, and e-mail anywhere in the USA!

Credit Card Processing Options

At MerchantZoom, we also offer recommendations for processing options that can benefit their business. For example, if you have field employees, the mobile card readers are a must addition to your operation to allow them to collect payment in the field when services are rendered, eliminating the need to bill and collect from customers at a later date.  Do business on the Internet? We have online processing options, etc….

Secure and Affordable Credit Card Processing

You owe it to yourself and your business to make the right credit card processing choice that will meet your needs and requirements at a price you can afford. Chances are you shop around for the best deal from suppliers and vendors, so why shouldn’t you do the same when it comes to your merchant account provider?

If getting the best rate while maintaining the cutting-edge and secure credit card processing technology with customer service of a U.S. Company is what you’re looking for, then look no further, because, the knowledgeable employees of MerchantZoom are standing by to answer your questions and get you started processing credit cards today!

Headquartered in Pinole California, MerchantZoom, Inc. was founded by Wally Arakozie. Previously employed by one of the largest merchant processing companies here in California for nearly a decade. Since the company’s beginnings MerchantZoom, has grown into a reputable national merchant provider.  Along with delivering state of the art technology and competitive rates, MerchantZoom, thrives on personalized local customer service and support. In order for your business to ZOOM!

 

Address

759 Appian Way Ste 1A Pinole, CA 94564

E-Mail Us

Info@mchzoom.com

Contact Us

1-844-624-9666

Website

www.mchzoom.com

Facebook

https://www.facebook.com/mchzoom

LinkedIn https://www.linkedin.com/in/mchzoom

Twitter https://twitter.com/mchzoom

 

Content Release Date Jan 13, 2017 – MerchantZoom Inc.

Press Release by 72 Charms LLC, content is the responsibility of MerchantZoom, 72 Charms simply does it’s work for hire, contact us if you need to promote your business, otherwise, contact, MerchantZoom at http://mchzoom.com to take care of your processing needs.    If you need social media content management or WordPress design reach out us at www.72charms.com