19 Nov

Picking a payment gateway provider

A payment gateway provider is a necessity in the world of ecommerce. The function of the gateway provider is to authorize and process credit card, debit card and other types of electronic payments between you and your customers. Choosing the best gateway provider for your business can be a daunting task. Factors that you need to consider when making your decision include:

 

  • sign-up and transaction fees
  • countries and currencies that are supported
  • on-site vs off-site payment processing
  • level of customer support
  • type of products that you can sell
  • payout policy
  • fraud detection and prevention

 

Merchants Bancard Network has been serving clients in the card processing industry for over 20 years. MBN is committed to providing its customers with the most effective and secure gateways available. Merchants Bancard is a full service provider to merchants across the United States, from restaurants, medical facilities, retailers and franchises to e-commerce sites and on-the-go service companies. In addition, they provide nationwide credit and debit card processing,online shopping carts, Echecks and more.

Are they all the same?

Of course, not all gateway providers are created equal. A very important consideration when choosing a merchant payment gateway is whether or not it can be used with integrations and and add-ons such as shopping carts, POS and billing solutions that you are currently using or are planning to use in your business at some time in the future.

Merchants Bancard offers a wide variety of payment solutions that can be tailored to meet your specific needs at a price that you can’t beat. Their payment solution account specialists can help you discover the perfect equipment whether you are in the market for countertop, wireless, or mobile units. They offer new and used point of sale equipment and peripherals from all the major manufacturers and can help you choose the system that will be compatible with the technology that you are currently using or would like to use in the future.

You shouldn’t have to worry about security

Accepting transactions online involves a level of risk, so it is very important to choose a payment gateway company that you and your customers can trust to keep sensitive personal data secure and out of the hands of data thieves. MBN knows how to handle cardholder data. They believe that privacy and control of sensitive customer data should be a top priority in any successful business strategy. Therefore, they have established a secure, cloud-based credit card processing network – no third party vendors are involved. MBN will provide you with educational materials as well as training that you can use to help reassure customers as to the safety of their card data.

As a merchant, your first and foremost responsibility is to protect all customer data during a credit card transaction. All businesses accepting credit card payments are required to adhere to the rules and regulations established by the Payment Card Industry (PCI).

Call Merchant Bancard Network at 877-871-4629 to learn how their merchant services can help keep your business running smoothly.

4 Nov

Custom POS systems for merchants

At Merchant Bancard Network (MBN), each of our merchant accounts are assigned an account manager who is trained in helping to ascertain the most secure, efficient and cost effective way to process credit card payments. Our account managers have specific knowledge and training in different industries, and yours will be able to help you to customize the software and hardware to best suit the particular needs of your company.

In keeping with this philosophy, we do not ascribe to a one-size-fits-all payment processing method. Custom POS systems allow merchants to tailor their technology to both their and their customer’s needs.

Processing pizza shouldn’t be the same as…..

MBN is committed to making sure that every merchant is fully compliant with PCI standards, receives the most secure and cost-effective payment solution regardless of the type of business they’re in. This is particularly important as when it comes to POS systems, every industry has different needs. A pizza parlor has vastly different requirements than a medical company, which in turn will differ from those most suited to the travel industry.

For example, if you’re in the restaurant business, your payment processing system will need to be equipped with capabilities such as the ability to split checks and track tables and employee tips. Keeping customer’s credit card data on file is generally not a concern.

In contrast, companies that are part of the medical industry often need the ability to keep patient’s card on file to facilitate recurring or monthly billing. Our MBN account managers who specialize in this field help their merchants to put in place a POS system that keeps this data secure and compliant with PCI standards. An excellent way to accomplish this is through tokenizing the data in order to make it far more impervious to duplication or fraud.

A solution you can grow with

Custom POS systems are the best way to get the most out of your payment solution. By tailoring the technology to fit the specific needs of your company, MBN will show you ways to keep processing costs down while getting the most out of your equipment and software. With the EMV credit cards looming on the horizon, now is a good time to check in with your account manager to be prepared to accept this payment method while maintaining the same level of security and ease that you currently have.