merchant services Tag

The merchant services industry is notorious for vague contract language and hidden fees. How can your bank tell whether a prospective partner offers a competitive revenue share? To answer that question, we'll need to delve into the hard costs associated with merchant accounts—buy rate....

PCI Compliance. For many bankers, the words send a shiver of dread down their spines. For others, PCI Compliance is something they’ve only heard about in passing, but how important is it really? The confusion surrounding PCI Compliance is largely because traditional PCI Compliance programs...

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....

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...

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...

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...

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...

Business trends can be unpredictable. They’re susceptible to changes in technology, the economy, legislation, and more. Whether you’re maintaining a business or looking to start one, we want you to be successful. Here are our top 5 predictions for small businesses in 2019....

What do ISOs do and, more importantly, should you work with one? Let’s clear up some misconceptions about ISOs and their role in the processing industry. Check out this infographic to learn more....

In this day and age, accepting credit cards is a necessity for your business. But accepting credit cards means accepting the unique challenges and risks that accompany them. Keep reading for our top 5 security risks in credit card payments (and how to protect your...

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...

In 2017, Hedges & Company reported a 16% increase in online auto parts sales, putting e-commerce on track to outpace brick and mortar sales. And this trend isn’t just impacting certain transactions – e-commerce sales are up for both B2B and B2C markets. If you...

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...