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...
The payment processing industry is convoluted, filled with so many moving parts that it can be difficult to keep up. ISOs are a great example of something that is often misunderstood. You may have heard (incorrectly) that ISOs are more expensive. Or maybe you’re not...
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...
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...
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. ...
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....
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....
Having a presence on social media is no longer a choice for banks - it’s a reality, plain and simple. Social Media in banking has become a must. Even if your bank isn’t actively tweeting, Facebooking, YouTubing, or otherwise posting on social media, rest assured...
For a bank, the choice of a merchant service partner is extremely important. To ensure your bank is receiving the maximum benefit from the relationship, here are 8 things banks should look for in a Merchant Service partner....
“What Merchant Services Program is Best for My Bank?” is the subject of the latest BASYS Processing video. Released today, this 5th and final installment in BASYS’ Merchant Services Bank Education Series provides a detailed description of 3 different programs, and walks bank leaders...
BASYS Processing released the 4th video in their Merchant Services Bank Education Series today. The video, entitled “What Are Reasonable Goals To Set For A 1st Year Merchant Services Program?” details 4 steps for bank leaders to create customized, realistic goals for a 1st...
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....
The 2nd video in BASYS Processing's Merchant Services Bank Education Series, "5 Steps to Identify Your Merchant Services Potential," was released today. This installment in the 5-part series focuses on identifying potential merchants, creating a pro forma, and charting progress toward merchant service revenue growth....
Today BASYS released "6 Steps to Maximize Your Bank's Merchant Services Revenue." It is the 1st video of a 5-part series outlining a comprehensive plan for banks to significantly grow their Merchant Services Program....
Bank executives can expect the 5-part video series to outline a comprehensive plan for maximizing the revenue potential of their Merchant Services Program....