Offering competitive rates and top-notch customer service is important, but those things won’t make a difference if your staff isn’t even mentioning merchant services. Here are some pointers on how to engage branch staff to help you build a successful merchant services program....
Over the past 5 years, 47,153 PSPs have closed or been acquired. Some see this as an opportunity, but, for many print service providers, this rampant consolidation is causing concern. Independent and family-owned businesses are wondering how long remaining independent will be practical. Here are...
Offering competitive rates and top-notch customer service is important, but those things won’t make a difference if your staff isn’t even mentioning merchant services. Here are some pointers on how to engage branch staff to help you build a successful merchant services program....
If you do business on the go, shouldn’t you accept payments on the go as well? Accepting credit cards, wherever and whenever, can tremendously increase your sales and streamline your payment processes. Here are just 4 of the ways that a mobile point of sale...
The construction industry faces a unique set of challenges. If you’re a contractor, supplier, or developer, your main concern when it comes to processing cards is likely the price tag. Keep reading for the 3 biggest processing headaches facing the construction industry....
At BASYS, we meet with banks all over the country, so we’re familiar with the struggles of building a successful treasury department. To increase your revenue, it’s vital that your branch employees are discussing treasury products with new and existing customers. Here are six steps...
There’s no doubt that running your own business can be incredibly rewarding, both personally and financially. However, when you’re handling everything yourself, it can also be incredibly taxing. So, how can you make the most of your time while still growing your business? Here are...
The media industry is largely populated by B2B organizations. You might be familiar with waiting months for a customer to pay you, then investing valuable hours of the workday trying to hunt down those outstanding payments. This is a common issue, but navigating the complex...
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...
As EMV chip cards become more and more prominent throughout the US, fraudsters are turning their attention to more vulnerable targets: online businesses. Here are our top tips to protect your business from card-not-present fraud:...
In today’s marketplace, you shouldn’t be asking if you can afford to accept credit cards, but if you can afford not to. If you want your business to be successful, now and in the future, accepting credit cards is more important than ever. ...
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...
Can your business set a minimum amount on credit card purchases? What about a maximum amount? Legislation and industry regulations can make finding an answer to those questions complicated. Keep reading for our simplified guidelines on what you can, and can’t, do....
Is your business paying high processing fees every time you accept a business or purchasing card? If so, there might be a way for you to increase your profit margins without the need to increase your sales volume. The secret is qualifying your transactions at...
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...