News For New York

New now available for Brooklyn Merchants.

New York Merchants who need a merchant account, mobile credit card processing, an online merchant account, a payment gateway, or even credit card machines, are in luck. National Merchant Services is expanding the services we offer in New York. These services, along with beginning to accept credit cards, needing access to credit card processing companies, or simply needing a credit card merchant account, NMS can provide it for you.

Digital marketing generates a large and growing number of clients. NMS now has access to the latest technologies being used in the industry. Doing business with NMS gives you access to those technologies as well.

Depending on the nature of your business, National Merchant Services can tailor our services to meet our client's specific needs. The services NMS offers include:

·         Credit Card and Debit Card Processing

·         Electronic Check Processing

·          Equipment Financing

·         Gift Card and Loyalty Programs

·         Merchant Cash Advance

·         Payment Processing

·         POS Equipment Sales and Leasing

This list is by no means complete. NMS can also give their clients access to their Innovative ISO/MSP Agent Program, help find e-commerce solutions to expanding their clients' business, or help their clients become a virtual merchant. These new services are just a small part of NMS' growth. We have a number of new services scheduled to be added in the near future. Business is rapidly migrating online. If a business lacks the capabilities to take full advantage of the opportunities the internet provides, that company may be left behind. By teaming up with NMS, a business is perfectly positioned to explore all opportunities which come their way.

Article by: Maria

Working happily with National Merchant Services

www.processnms.com

Happy Processing!!!

Credit Card Processing

Any discussion of payment processing has to include credit cards as a centerpiece. At the end of 2011 according to data from the U.S. Census Bureau, approximately 183 million U.S. households had at least one credit card. That’s a market you can’t afford to ignore. Marketing studies have concluded that whether or not a business accepts credit cards is a determining factor for many consumers as to where they do business. Some even report being willing to pay additional for a product to be able to use their credit cards. These factors make accepting business cards through credit card processing an important need for many businesses.

Credit card processing is the way in which merchants have the ability to accept and receive funds through their customers' credit and debit cards. Typically, credit card processing involves signing a contract with a credit card processing company who then deposits proceeds from credit card sales into the merchant's checking or savings account. National Merchant Services is committed to serving merchants in any industry, whether you manage a start-up e-commerce website or a large nonprofit organization. No matter what your business needs, we have the right merchant credit card processing solution for you, in addition to a secure payment gateway that eliminates third-party companies. Give us a call, and our experts will work closely with you to identify the credit card processing services that best match your business, implement these solutions seamlessly into your current business process, and provide customer support 24/7. With National Merchant Services, you have access to all the resources and products you need to start saving and achieve your business goals.

Article by:  Maria

Working happily with National Merchant Services

www.processnms.com

Happy Processing!!

Victory for Apple

Apple has scored a huge victory in its patent battle against Samsung when the jury in California found Samsung to violate a number of Apple patents. A nine-person jury in its verdict last week unanimously agreed with Apple and ordered Samsung to pay $1 billion. Most of the damages were tied to Samsung's smartphones. It rejected Samsung's counterclaims.

The award represents about 1.5 percent of Samsung's annual revenue. Analysts said the embarrassment of the verdict is a bigger blow for Samsung than the financial setback.

Moreover, Apple Inc. on Monday gave a federal judge a list of eight Samsung Electronics Co. products it wants pulled from shelves and banned from the U.S. market, including popular Galaxy model smartphones. The products Apple wants out are all smartphones: Galaxy S 4G, Galaxy S2 AT&T, Galaxy S2, Galaxy S2 T-Mobile, Galaxy S2 Epic 4G, Galaxy S Showcase, Droid Charge and Galaxy Prevail.

In an ironic twist, Samsung’s loss could be its gain, Enrique Gutierrez, chief technology officer of Digithrive, a Los-Angeles based Internet development and design firm, says: “Best billion dollar ad campaign Samsung ever had.”

Article by Anna Klymenko

Working happily with National Merchant Services

www.processnms.com

Happy Processing!!!

New Credit Card Processor For Your Business

It is amazing how there are several businesses out there that still do not accept credit cards. Every business that sells products or services should accept major credit cards, especially restaurants and retail store owners.  Additionally, if you own a business that processes recurring payments or monthly subscription fees, you will need to have some form of credit card processing. 

With technology getting more advanced every day, stores and restaurants have to offer the most convenient payment methods to make shopping and dining as simple and straightforward for customers as possible. This is all now possible through National Merchant Services.

National Merchant Services offers a wide variety of merchant processing services to help any business thrive and succeed. For instance, this company offers invoicing solutions, POS integration, payroll solutions, and dozens of other possible hand and foot holds for a business to climb to the top of its field. However, that's not the only reason that NMS should be any business' company of choice for its support services.

Article by Anna Klymenko

Working happily with National Merchant Services

www.processnms.com

Happy Processing!

Mobile Payments for Fast Food Restaurants

The summer of 2012 may go down in history as the season in which mobile payments began the long-overdue process of truly going mainstream in the U.S. 

McDonald’s has teamed up with PayPal to test a mobile payments service in France, according to a report from Reuters. The fast food chain also began training franchisees in the United States with its mobile payments platform, earlier this year, suggesting that the service may come to the U.S. soon as well.

Allowing for mobile payments at fast food restaurants is becoming more common these days. Last week, Dunkin’ Donuts launched a similar payment feature in the company’s new app. Burger King has also tested mobile payments.

Article by Anna Klymenko

Working happily with National Merchant Services 

www.processnms.com 

Happy Processing!

Factors to know about Cash Advance

Every trade professional will deal with cash flow problems at some point and time. Tight credit restrictions and high loan eligibility requirements are leaving business owners with few options when they need working capital to fund renovations and repairs or purchase much-needed, expensive equipment. Looking beyond traditional finance options, businesses are increasingly turning to business cash advance services to acquire the fast capital they need.

Before requesting your funds, be sure you know the three most important factors: 

1) Consider What You Need. Prioritize your needs. It’s smart to condense what you want and take only as much money as you absolutely need; you are promising a chunk of your future profits for the cash you receive. 

2) Evaluate the Repayment Plan. Refer to your business plan. How will this then affect your original business plan? From investor interests to paying off other loans, you want to be sure you’ll still be on track, or can modify the original plan. 

3) Actually Read the Contract. Although, as a small business owner, you may be signing any number of papers a day, this is one to pay attention to. Not only do you want to read and re-read the contract, you want to pay close attention to the service agreement as well. 

While a loan may not be possible at this point, you still want to be sure you’re not getting a bad deal. Taking a cash advance is a great way to finance a small business that is falling short on getting a traditional loan.

Article by Anna Klymenko 

Working happily with National Merchant Services 

www.processnms.com 

Happy Processing!

Cash Advance for your business.

Running any kind of store or business can be difficult. There are times when money is just not as plentiful as one would like. An individual would go out and get a cash advance based on their job, but a business has little options, until now. Business Cash Advance is a program that is offered by National Merchant Services as a courtesy for their customers.

Rather than taking out a loan at a bank, which the company may or may not be approved for, merchants can turn to their processing provider. Business Cash Advance allows a business to get the cash they need when they need it. Short on money for bills or payroll? No problem. Using previous credit card transactions, NMS will loan the amount based on forecasted receivables. At an agreed upon date, the money will be taken from the future credit card payments. There is never a need for a business to run short again, when there is help available. Call today 888-715-8021, ext. 604.

Article by Anna Klymenko 

Working happily with National Merchant Services

www.processnms.com 

Happy Processing!

Explore your options now with NMS

Every now and then small businesses run into phases or seasons where sales are not picking up, customer interest is waning or you may find yourself with a business credit record that’s less than ideal. As a business owner, it is up to you to find as many resources as possible to help pull your business out of this rut.

Explore your options now – before you find yourself in a need of money.What about a business cash advance? Ever heard of it? An alternative to more traditional forms of financing, a business cash advance provides financing based on the credit card side of your business. Although business owners may think business cash advances are mainly for emergencies, they’re not. They’re also great for any kind of financing need—working capital, expansion, remodeling, day-to-day expenses.

Small businesses all over the U.S. and beyond – from restaurants and beauty salons to retail businesses and professional services providers like dentists and veterinarians—say they are growing and thriving today thanks to a business cash advance.

Article by Anna Klymenko 

Working happily with National Merchant Services 

www.processnms.com 

Happy Processing!

Cash Advance is now available for anyone

No one wants to incur long-term debt, but another option for borrowing money for emergencies is the instant approval cash advance with National Merchant Services. A borrower can use the instant cash advance for anything he or she chooses, whether it is for the deposit on an apartment, the down payment on a car, for medical expenses or for a much needed get-away with the family. Instant cash advance payday loans makes it possible. 

Many people are not aware, but cash advance is available for anyone to take advantage of, especially if one is in a financial situation that one would rather have avoided if one could have in the first place. To learn more, call today, (888) 715-8021. 

Article by Anna Klymenko 

Working happily with National Merchant Services 

www.processnms.com 

Happy Processing!

Minimum for credit card transactions

You step up to the counter with a couple of small items and your credit card. Then you see the sign, often handwritten and taped to the register: "$10 minimum for credit card transactions."

Until 2011, most card networks prohibited merchants from setting minimums for credit card transactions, and even set up methods for consumers to turn in violators.

A coalition of retail and small business organizations asked Congress to change that. Because it costs retailers money to accept cards, small transaction amounts can make accepting cards unprofitable, especially at places such as convenience stores and gas stations, where profit margins are paper-thin. The key reasons the merchants pushed this law was based upon the fees they pay for credit card transactions.

Most Americans are less likely to carry cash and prefer to use credit and debit cards for convenience. For many stores, regular relationships and small buys often lead to larger purchases. The cost of handling a small transaction is worth the potential of a larger sale. 

Article by Anna Klymenko 

Working happily with National Merchant Services 

www.processnms.com 

Happy Processing!

Black List

When consumers do not honor the terms of their credit agreements, the creditor may report the default to a credit reporting agency. If the consumer applies for additional credit, the new creditor obtains a credit report and learns about the consumer’s previous history. 

The merchant processing banks do not have a similar credit-reporting agency available that can report information about the way that a business handles its merchant processing responsibilities. The card associations, instead, use a file known as "MATCH." The MATCH File is a database file, previously and most commonly known as the Terminated Merchant File "TMF." MATCH acts as an invaluable tool to assess the potential risk prior to approving a merchant. It is essentially a BLACKLIST; and once a merchant is on this list it is highly unlikely that future Merchant Account applications will be approved. 

For a business or merchant to be added to the Match File they need to violate Visa and MasterCard rules in some way. The most common reasons include: 

· Fraud 

· Factoring (ringing sales for another business) 

· An excessive number of chargebacks 

The processing bank concludes that serious violations of the merchant agreement could result in increased loss exposure to itself or the credit card community. Once a merchant has been placed on The Match File only the processing bank that added them can remove them from it. The merchant must work with them directly to accomplish this.

Article by Anna Klymenko

Working happily with National Merchant Services

www.processnms.com

Happy Processing!!

Mobile credit card processing becomes more accessible

People do not carry as much cash as they once did, relying instead on debit and credit cards for even a cup of coffee. If you accept credit cards, your business will bank more sales. If your business extends beyond the confines of brick and mortar, you will be taking payments at client locations or open-air markets. If you can take credit cards from any location where there is mobile service, you will do more transactions. 

Processing transactions with mobile readers — small attachments that plug into a phone’s headset jack — is quicker, cheaper and less cumbersome than using the old machines that make hard-copy imprints of cards and are called “knuckle busters” in industry slang. As mobile technology rapidly advances – allowing consumers to shop online and executives to hold conferences from their mobile phones – mobile credit card processing becomes more accessible, convenient and secure. With National Merchant Services, merchants can accept major credit cards, debit cards and even checks from their cell phone. Now, you can improve customer service and increase sales wherever your business takes you.

Article by Anna Klymenko

Working happily with National Merchant Services

www.processnms.com

Happy Processing!!

A new segment of consumers – always a good thing!

No matter what size your business may be or the industry in which you operate, there are a number of positive aspects to being able to accept credit cards as a form of payment. In addition to giving your customers or clients another payment option, you also introduce your business to a new segment of consumers – always a good thing!

Here are some facts that you should know before you move forward and set up a merchant credit card account:

1. Credit Cards Can Increase Your Sales;
2. Credit card terminals are relatively inexpensive;
3. You will pay a fee for accepting credit cards.

Your credit card processing is a main source of interaction between you and your customer.  Thus, making it fast, convenient and simple will be a significant factor in overall satisfaction and brand loyalty.

Anna Klymenko