banking Tag

19 Mar 8 Questions to Ask a Prospective Merchant Services Partner

Posted at 09:30h in All Blogs, Banking, Customer Service, Merchant Services, PCI Compliance by Sara Sajwaj 0 Comments

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Once your bank decides to offer merchant services to its customers, the next step is choosing a processing partner. This choice will impact everything from revenue and retention, to customer support, so it’s not one to be taken lightly. But, in an industry that can...

26 Feb The Potential Consequences of Choosing the Wrong Processing Partner

Posted at 12:00h in All Blogs, Banking, Customer Service, Merchant Services by Sara Sajwaj 0 Comments

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If your merchant services program is supported by the right processing partner, it can provide a substantial amount of non-interest income. But not all providers will be a good fit for your bank, and choosing the wrong partner can have unforeseen consequences. Here are just...

12 Feb The Difference Between Buy Rate and Revenue Share in Merchant Services

Posted at 13:17h in All Blogs, Banking, Credit Cards, Ecommerce, Merchant Services by Sara Sajwaj 0 Comments

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Providing a merchant services program to your banking customers can be a lucrative business move that leads to additional clients and profits. However, low profit, stagnant portfolio growth, and high rates of attrition can all be signs that your merchant services partner is not providing...

24 Jan Eliminating the 4 Biggest Time Wreckers in Merchant Services

Posted at 15:38h in All Blogs, Banking, Credit Cards, Customer Service, Merchant Services by Sara Sajwaj 0 Comments

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One of the most important aspects of choosing a partner for your merchant services program is ensuring your processing partner can successfully manage all the technical tasks and account maintenance, so you can focus on growing your portfolio. Learn more about eliminating the 4...

12 Jun A Bank CEO’s Guide To Merchant Services

Posted at 10:00h in All Blogs, Banking, Merchant Services by Allie Krumel 0 Comments

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Merchant Services is a completely different animal from the rest of banking. How do you know if your program is living up to its earning potential?...

08 May 4 Reasons Your Merchant Services Program Isn’t Growing

Posted at 09:00h in All Blogs, Banking, Merchant Services by Allie Krumel 0 Comments

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The banking team at BASYS enjoys meeting with financial institutions across the country. We learn about all different merchant services programs, including what’s working, and what’s not. Here are the top 4 reasons we see that cause a merchant services program to be stagnant...

17 Apr 4 Lessons We Can All Learn from Square

Posted at 02:00h in All Blogs, Banking, Merchant Services, Mobile Payments by Allie Krumel 0 Comments

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Square has had their struggles, and is not the best solution for every business, but there are definitely 4 lessons that we can all learn from Square. ...

27 Feb Consolidation Is Creating Concern in the Merchant Services Industry

Posted at 07:17h in All Blogs, Banking, Customer Service, Merchant Services by Allie Krumel 0 Comments

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Are you worried about the amount of consolidation happening in the world of Merchant Services? If so, you are definitely not alone. If a bank has been working with a processor dedicated to incredible service, and they're purchased by a giant processor, the results will...

23 Jan 5 opportunities for business bankers to use LinkedIn to win new clients and deepen relationships with existing ones

Posted at 09:10h in All Blogs, Banking by Pat Redd 0 Comments

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The internet is packed with best practices on banks leveraging social media to market to business owners. Less has been written, however, about how the individual banker should lean into social media, particularly LinkedIn. Here are 5 opportunities for business bankers to use LinkedIn to...

BASYS - 3 Common Mistakes When Selling Treasury Services

13 Dec 3 Common Mistakes When Selling Treasury Services

Posted at 08:17h in All Blogs, Banking, Customer Service by Pat Redd 0 Comments

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A key difference between a top performing bank and an average bank can usually be found in the quality and usage of the needs assessment when selling Treasury Services. A thorough assessment can help you avoid mistakes that derail new business proposals, and shorten...

21 Nov 5 Missed Opportunities When Opening a New Business Account

Posted at 14:14h in All Blogs, Banking, Customer Service by Pat Redd 0 Comments

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You are a sales professional at a bank. You opened a new business account. CONGRATS! Now what? Beginning a relationship with a new business customer is exciting. But, opening the new account is just the beginning. ...

08 Jun Beyond the Cross-Sell: Deepening Relationship Banking

Posted at 09:03h in All Blogs, Banking, Customer Service by Pat Redd 0 Comments

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Deepening customer relationships isn’t a trend that is going to fade any time soon. In fact, some in the industry say that it is becoming core to the banking model. On-boarding shouldn't be the end of the relationship; it should be the beginning....

BASYS-Increase Non-Interest Income-Header

09 May Increase Your Bank’s Non-Interest Income

Posted at 12:57h in All Blogs, Banking, Customer Service by Pat Redd 0 Comments

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Are you interested in growing your bank's non-fee and non-interest income by expanding your Merchant Services portfolio? BASYS Processing has proven strategies to significantly increase your bank's credit card processing income, while enhancing your reputation with your customers....

21 Apr Mastercard Launches Biometric Cards

Posted at 10:53h in All Blogs, Banking, EMV, Merchants, Point of Sale, Retail by Pat Redd 0 Comments

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Mastercard is taking that notion of biometrics, plastic cards and payments to a different level with the announcement of a next generation biometric card that combines EMV chip technology with a fingerprint reader on the front of the card to authenticate the identity of a...

18 Apr Capital One Debuts Contactless Technology

Posted at 09:16h in All Blogs, Banking, EMV, Merchants, Point of Sale, Retail by Pat Redd 0 Comments

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Paying with a credit card today may mean dipping your card in the EMV reader, twiddling your thumbs, then yanking out the card when the machine beeps/dings/honks. Or maybe you still swipe your card through a magnetic-stripe reader. But soon you might be able to...