We offer credit card processing merchant accounts for retail stores. Technical we consider any business where the card is present a retail business. And typically such industries include: supermarkets, convenience stores, clothing, food and beverage, wholesale. We can also add service based businesses, hotels/motels, pay-at the pump and many more.
The backbone of the US economy is bricks and mortar businesses, the mom and pops shops, the corner store, etc. We are here to help all of these companies by providing considerably lower credit card processing rates for them to save money. It does not matter if you are a startup or have been in business 30 years; we offer a rage of services and customer support that you can benefit from;
Retailers should always do their research and compare rates by shopping around for the best available rates. But the decision should no be solely based on rates and terms. Retailers should also consider customer services. How fast will the merchant services provider service a broken or non function terminal when it stops working, etc? It is very important to have a fast turnaround time when it comes to these things because time is money in the retail environment and non functional equipments, if not replaced in a fast manner will cost you money.
Alone with the low discount rates and terms, we also offer small businesses low monthly fees. We present everything in a clear and simple way so there are no surprises as to what fees you are paying on a monthly basis.
The entire process is simple, you inquire with us about rate and fees, we provide a low rate that works for you business. You will then fill out and execute the application we send you. We submit the application to our underwriter for approval after receiving it from you. After the account is approved, we send you all the details such as your merchant identification. If you purchased or leased equipment with us, we will ship out the machine soon as the account is approved.
After you receive the machine, it should already be programmed so you can start processing payments. All of our equipments support dial up phone connection or high speed Ethernet connection (the choice is your). When you run a transaction (when the customer swipes their credit card through the terminal), data is sent securely via a 128 bit security encryption to the processing bank. The bank will make sure that there are enough funds in the customer’s bank account, if there are enough funds to process the transaction, the terminal will return an approval and will debit the customer’s account and a confirmation receipt will be printer for them to sign if you have setup your device to print receipts. If the transaction is declined due to insufficient funds, the declined authorization will be returned and you will be notified by the machine. At the end of the day, your machine will automatically batch out and all of the transactions that you have processed for that day will hit your business bank account within 24 to 48 hours. If you are processing everyday, you should see daily payouts into your bank account.
As a merchant you can set your machine to manually batch out instead of automatically towards the end of the day. You may want to batch out several time a day or later than the time the machine automatically batches out
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