07 Dec “Tapping Into Merchant Services With Analytics” Video Released by BASYS Processing
BASYS Processing released the video “Tapping Into Merchant Services With Analytics” today, highlighting 6 key metrics to help bank executives effectively monitor and manage their merchant services program.
LENEXA, KANSAS December 7, 2016 — BASYS Processing released the video “Tapping Into Merchant Services With Analytics” today, highlighting 6 key metrics to help bank executives effectively monitor and manage their merchant services program. It’s the 3rd of 5 videos in BASYS Processing’s Merchant Services Bank Education Series.
“Many bank executives are unsure which merchant services data to track ensure portfolio revenue growth,” says Rick Hannon, EVP of Bank Services at BASYS. “Most processors send an Excel spreadsheet, and the bank is left to translate the information on their own. We track 6 key metrics for our bank partners, and we recommend charting them every month to nurture a profitable, expanding merchant services program.”
“Tapping Into Merchant Services With Analytics,” and the other videos in the Merchant Services Bank Education Series, are available to view online at: www.basyspro.com/bank-education-series.
Targeted at bank executives, the 5-part Merchant Services Bank Education Series breaks down the components of an extremely successful program, providing the knowledge necessary to maximize the revenue of a bank’s merchant services portfolio.
“In our years of meeting with banks across the country, we have found that most are not given the proper attention and training essential for a successful merchant services program. Although every bank does merchant services a little differently, we have developed a comprehensive program to significantly increase merchant services revenue,” said Brady Hanna, EVP of Financial Services at BASYS.
The series began in November with the release of these two videos:
— Wed, 11/09 – 6 Steps to Maximize Your Bank’s Merchant Services Revenue – Non-interest income is more important than ever. These are the most important 6 steps you can take to elevate your merchant services program to the next level. Banks who implement all 6 steps grow at a tremendous rate.
— Tue, 11/22 – 5 Steps to Identify Your Merchant Services Potential – Do you wonder what the size of your portfolio should be based on the size of your bank? How many merchants? How much monthly revenue? Every market is different. These steps will help you analyze your bank’s true potential.
The release dates for the remainder of the Merchant Services Bank Education Series are:
— Wed, 12/21 – What Are Reasonable Goals To Set For A 1st Year Merchant Services Program? – Setting revenue expectations for the 1st year of a merchant services program can be very difficult. We will guide you through questions to ask yourself, and follow-up steps to create customized goals for your bank.
— Wed, 01/04 – What Merchant Services Program Is Best For My Bank? – The decision between a Referral program, and an Agent program, is key to growing your merchant services portfolio. Maybe your bank needs a Sales (Hybrid) program. We will explain the different programs, and offer advice on determining which program is the best fit for your bank.
About BASYS Processing
BASYS Processing is merchant services born from banking. Founded by a family that once owned a bank, BASYS is a true business partner for credit card and debit card processing. BASYS Processing provides credit card and debit card processing services, and solutions that include terminals, virtual terminals, e-commerce, mobile, and point-of-sale; customized to fit any need. Banks, associations, and software partners depend on us to strengthen their reputations and relationships with their customers by providing remarkable service paired with ultimate flexibility and pricing. Merchants depend on us to make accepting credit cards and debit cards convenient, safe & affordable. BASYS was founded in 2002 on one philosophy: to take care of our merchants, partners, and employees so they never want to leave. We are dedicated to working one-on-one with our customers to design the perfect solution. BASYS is Personalized Payment Processing. Learn more at basyspro.com, and connect with us on www.linkedin.com/company/basys-processing-inc-, twitter.com/BASYSProcessing, pinterest.com/basysprocessing, instagram.com/basysprocessing/, and vimeo.com/basysprocessing.