Showing posts from April, 2020

Selling Credit Card Processing and Merchant Services | Overview

Selling credit card processing can be lucrative, but it also comes with some potential pitfalls. Going into it you need to be aware of them before considering taking on this as your next career. As for why you might want to get into selling merchant services that is the obvious part. All companies, great and small, need to be able to process credit card payments and other forms of payments quickly and easily. In today’s market, few people pay with dollars and cents anymore. Instead, there are a whole host of electronic monies that are increasingly used and are being diversified. Further, businesses, even those with their own accounting departments, tend to not handle transactions. Instead, those are left to separate companies equipped to handle the thousands of deals that can occur on a daily basis in some areas. Because they do not handle such things, those outlets that do rightly take a percentage of each sale, and that is where you come in as a perspective vendor of credit card

Merchant Services Appointment Setting

Are you a business owner that gets bombed daily by sales calls? Maybe you are a Merchant Services Agent that goes to speak to those merchants. Either way both parties usually are dissatisfied with the experience. I have been in the Merchant Services industry for well over 10 years. I've been successful overall but it has not been without pitfalls. When I entered into the merchant industry I came from a retail sales background (11 years in the wireless phone business) where customers came to me to buy products and all I had to do was try to maximize the sale. Being from this type of background it made it hard for me to try and break into the merchant service business without some help. I knew the earning potential could be great because I had a roommate at the time that literally went from rags to riches in less then two years. This guy went from driving an old Honda Accord to driving exotic cars. This is what gave me the drive to change careers. So, where do I start? I went

Merchant Account Explained

Businesses, no matter what their size is, need to be able to create merchant accounts that will allow them to take in credit card payments . It is a must in today’s increasingly cashless economy. These merchant accounts are what make a business able to take in these alternative forms of payment with ease. The money comes in, the commissions are paid to those who set up the account for you, and thus the profit is made. To be clear, the money does not stay in these accounts. Rather, it is simply a placeholder while the transaction takes place and everyone gets his or her rightful payments. And all this take place at the speed of data. Of course, the payments are not doled out unless the funds are verified on every end. Doing so is simply smart business practice. Though this process might take up to two days in order to make sure the money is true, if you are taking in multiple payments it will make for a constant stream of profits to be flowing into your bottom line. Thus every day

Selling Credit Card Processing and Merchant Services | Pros and Cons

Going to businesses and getting them signed up for credit card processing is a potentially great career to do if you understand the risks involved.  Like anything else you do in life, you need to be aware of everything that will be expected of you.  Assuming you are making the correct choice, it can be a profitable enterprise for you.  One of the main reasons why it could be such a great move is because all companies, great and small, need to be able to process credit card and other alternative forms of payment in our increasingly cashless society.  In this modern era we do almost everything electronically, and our in person transactions are typically done with a plastic card.  Due to this myriad of new styles of payments, most companies do not expend the time and effort needed to keep track of all these things.  That is where you come into play.  As a purveyor of credit card processing and merchant services, you will not only be able to assist companies with their day-to-day ope

Merchant Account Agent Programs | Overview

As a merchant services agent, are you looking for a better program? Do you need the best merchant account agent program available on the market?  Shaw Merchant Group  is the answer to your question. The following discussion will convince you why we are the best at what we do. Qualities of a good high-risk merchant services agent program It is important to choose the right high-risk partner for your merchant services business. Two important factors to consider in high-risk merchant services agent programs include: 1.        Getting accounts approved A good merchant services agent program should be able to place any business since they should have banks and ISOs available across the world. They should strive to approve every application submitted to them by agents. 2.        Getting paid A good merchant services agent program should be able to pay residuals at the right time. Some offer programs that allow agents get upfront commissions from high-risk accounts.