Products

  • Credit Card Swiper

  • POS

  • Smart Phone Solutions

  • Internet Solutions

  • Quick Books

#1 Question asked regarding a credit card swiper

The question many merchants ask is sometimes a very difficult question to answer. Outside of the obvious, where it depends on the merchant situation, we'll attempt to answer this the problems surrounding this dilemma so merchants can fully understand the tax implications along with staying current with PCI compliance and explore the meanings behind what it means to own card merchant equipment.

What is vital to understand going forward is that the technology is always changing and so are the rules to processing credit card transactions. It is one of the most important, most understated, misunderstood elements in a small business arsenal. Staying compliant with the rules and regulations handed down from Visa, MasterCard, Amex & Discover are vital to the protection of the card merchant data and benefit the merchant as much as the card issuer. Once this is clearly understood, the decision making process between leasing and owning becomes much simpler.

Advantages of a POS system?

There are plenty.  Plenty however come at a significant cost.  If cost is not as crucial as reliable data reporting and transaction tools, then a POS system is probably one of the best solutions possible.

The bullet point list is as follows:

1. Detailed reporting capabilities

2. Middle line managers can now focus on market driven data and propose accurate measure to adjust performace.

3. The ability to track inventory as well as set up a Customer Relationship Management System.

Many companies offer fully scalable customized solutions built specifically for the business with the value add of being able to update and upgrade the software in order to be able to fully manage off-the-shelf issues as well as new needs, should they arise.

What can a smart phone do for me?

 

This question is better understood if one is actually on-the-go wirelessly and trying to run a business.  The advantages are a plenty especially since there is no overhead to manage.  The advantages are that people can now become their own store / brand etc.

One of the inherent disadvantages is the processing rates for smart phone transactions are usually higher than in store transactions.  The fact that many of these transactions are processed over the internet is also an issue.

The reality is that being mobile is crucial for some businesses and that smart phone technology to process payments are becoming high demand headed into 2011-2012.

E-commerce Payment Solutions

To run an e-commerce website you need a secure payment processing system. The payment gateway is a third-party system of computer processes that route, verify, process and accept or deny transactions on your behalf. The information is sent encrypted over internet and while it is an elaborate and complex process it starts once your customer clicks the payment button and completes in a matter of seconds.

The Authorize.Net Payment Gateway can help you process and accept different kinds of payments reliably and affordably. It currently server over 305,000 merchants and also offers fraud protection.

QuickBooks Credit Card Processing

When choosing a payment processing system a good option to consider is a suite such as Quickbooks. In this case each transaction is automatically entered in your Quickbooks records. This is an especially promising solution expecially for already existing Quickbooks users. This solution also allows for processing via phone, fax, e-mail, and online.

About CCMP

CCMP (Credit Card Merchant Processors) is a credit cards processing company offering payment processing services to most business types. The credit card process can be made simplified to make processing credit cards easier than ever before. By signing up with CCMP, all merchants receive customer technical support 24 hours a day, 7 days a week, with one of the largest payment processing leaders in the world. A merchants credit card processing platform is a key to running a streamlined business. Processing credit card transactions on a One Rate Network for Visa, Master and Discover cards. American Express set up is complimentary but may require seperate approval. Restrictions apply and may only be on approved credit.

Swiping risky transactions are a recipe for future problems. A credit card merchants believe is fraudulent, should be reported immediately. A credit card merchant account with CCMP can include possibly the ability to receive a free credit card swiper.

Question of the Week

What equipment should I get for a pet store?

Depending upon the application, many merchants running a 1 - 2 terminal setup usually like the large rolls of paper that the FD50 can handle. If a new business, in most cases, one terminal is sufficient. As business increases the option to scale up will always be available. To some merchants credit cards are vital to the success of the business and therefore the # of terminals is carefully considered.

*Apply now & Redeem $1,500 Web Design Voucher (Offer Restrictions): Minimum of three (3) year merchant account terms and account approval required for web design voucher validation. The voucher has no cash value and can only be redeemed with CCMP web design affiliate ADVANTAGE MEDIA (Princeton NJ). The value of Web Design Voucher is good through 6 (six) months from date of merchant account approval. No transfers. Web Design Voucher can be redeemed towards any web design products and services. Now you can build your business while processing credit cards.