2 Dec

What to Look For When Choosing a Merchant Services Company

You want what’s best for your business, and that’s no different when it comes to choosing a merchant services company. After all, that company and their products will determine how and when you’re able to accept your customers’ payment, which affects your bottom line as well as customers’ experience at your business. What should you look for when choosing a merchant services company?

A variety of payment processing options
Consumers today don’t just rely on cash to make purchases; they also use credit and debit cards, Apple Pay and Google Wallet, as well as online orders. If your business isn’t equipped to accept these payment methods, you’re likely missing out on sales.

When choosing a merchant services company, make sure you look for one that offers machines that are able to accept a variety of payment methods. Additionally, choose a company that makes payment processing convenient. For example, in addition to retail and Point of Sale systems, Merchants Bancard Network offers wireless machines that you can take on the go, machines that can be used with a smartphone or tablet, and electronic gateways for online purchases.

Low rates
Owning a business comes with lots of expenses – we get it. That’s why we keep our rates towards the low end of the industry. When looking for a merchant services company, make sure you’re not being overcharged for payment processing equipment.

Helpful programs
Having modern equipment at an affordable price is important, but that’s not all you should look for when searching for a merchant services company. Look for a company that offers programs that save you money and make your job a little easier.

For example, MBN’s cash discount program allows you to save money by passing monthly interchange fees on to card-using customers and offering discounts to customers who pay with cash. You can also use our cash advance program, which offers cash advances against future sales. Instead of taking out a loan, you simply pay us back with a percentage of your credit card transactions.

Gift and loyalty programs
Make sure the merchant services company you choose offers gift and loyalty programs, which encourage repeat business and increased consumer spending. Gift cards should be able to support credits, refunds, rebates, and incentives, while loyalty programs should make it easy for customers to see their current point balance.

Experienced staff
Last but definitely not least, the right merchant services company will be an established provider in the payment processing industry with agents who are knowledgeable and ready to help. For example, MBN has more than 30 years of experience. We put relationships with customers first and will always provide you with exactly what you need and never sell you anything you don’t. Make sure you find a company you can trust.

It’s important to find a merchant services company with the products and know-how to help your business thrive. By focusing on these five key elements, you’re likely to find the right company for your business.

6 Nov

How Merchants Bancard Network Can Help Your Business

As a merchant, you’ve got a lot on your plate. Luckily, you don’t have to go it alone. Merchants Bancard Network is here to help you grow your business, save money, and provide the payments processing know-how to help you succeed.

Grow your business
Customers expect to be able to make purchases using their preferred payment method – and that isn’t always cash. It’s crucial for merchants to be able to accept payment methods like credit cards, Apple Pay, Google Wallet, gift cards and even online orders. If you only accept cash, you’re likely losing business.

Having the right equipment to accept various payment methods may help increase sales and customer loyalty. Merchants Bancard Network offers a wide range of payment solutions, including retail credit card machines, wireless credit card machines, mobile credit card readers, Point of Sale systems, and e-commerce credit solutions. We’ll help you find the right machine to help you grow your business.

Photo by Blake Wisz on Unsplash

Save money
As a small business owner, you know that keeping costs low is one of the keys to making a profit; that’s why we offer ways to help you save money. Our Cash Discount Program lets you eliminate your monthly interchange fees by passing the fees off to customers, giving you the potential to save thousands of dollars every year. The program also allows you to incentivize customers to pay with cash by offering discounts for doing so, which in turn enables you to avoid credit card processing fees.

Work with experts
If you’ve ever had to call a customer service department, you know that who you talk to can make or break your experience with a company. That’s why at MBN, we put our customers first. We listen to your business needs and concerns, then come up with a customized solution and recommend the products that are just right for you. We will always provide you with exactly what you need and never sell you anything you don’t.

As an established provider in the payment processing industry with more than 30 years of experience, we’ve earned the respect of our clients as we move forward with trends and technology without disrupting our superior service. We’ll help you streamline your payment process while offering expertise, reliability, and cutting-edge technology.

There’s a lot to think about when you’re a merchant, but finding the right payment processing solution doesn’t have to be stressful. Let Merchants Bancard Network provide the exceptional products and customer service that will help you grow your business, save you money, and give you peace of mind.

11 Oct

Try Out SwipeSimple with the New Demo Mode

Technological advances are changing the way we do business, including how merchants are able to accept payments from customers.

SwipeSimple is an easy-to-use payment solution that lets small business owners accept payments and run their businesses from their computer. You can send and receive invoices, accept payments, view transaction reports and more. Now, you can easily experience the benefits of SwipeSimple through the convenient live demo.

But first, what are the main features and benefits this solution?

Dashboard
SwipeSimple helps you keep track of your business from anywhere. The included dashboard features helpful business management tools like transaction history, tax reporting, and more!

Virtual Terminal
With just a computer and web browser, you can run transactions, send and receive invoices and more via the virtual terminal.

Efficiency
This modern solution includes cloud-based inventory, item tracking, and real-time transaction history to help you more efficiently run your business. There are also customizable tip prompts and support for multiple tax rates, and SwipeSimple is compatible with a variety of smart terminal devices.

How can you get a closer look at SwipeSimple?

Demo
The best way to understand SwipeSimple’s intuitive interface and powerful features is to learn by doing; the live demo makes that easy.

Test the virtual terminal, invoices, payment acceptance capabilities and more at a computer – no SwipeSimple account required. A computer with a web browser and Internet access is all you need to get started.

You deserve modern payment acceptance solutions. Ready to see how easy it is to accept payments at your computer? View the live demo.

10 Oct

Are You Ready for the New Way to Pay?

When it comes to technology and trends, there’s one thing that’s certain: change will happen. Take payment methods, for example. While cash and cards are still commonly used, consumers can now pay from the convenience of their phones with Apple Pay and Google Wallet. Embracing these changes is extremely important to the success of your business.

A New Way to Pay

Consumers expect to be able to make purchases in a way that’s convenient for them. Today, that can mean payment via Apple Pay or Google Wallet. In fact, some people don’t even carry cards anymore, but rather are prepared to pay via their phone or watch. If your business isn’t equipped to accept these payment methods, you could miss out on sales.

Make Sure You’re Ready

Upgrading your payment processing equipment can ensure you’re able to accept your customers’ payment, whether that’s cash, cards, or something more modern. Take the Clover® system, for example, which accepts credit cards, EMV, and Apple Pay. Having the right machine helps ensure customers don’t walk out just because you can’t accept their preferred payment method.

Providing What You Need, and Nothing You Don’t

As always, we’re happy to discuss your payment processing needs with you so we can pick out just the right machine for you and your business. We believe in listening to each customer and offering personalized solutions; we’ll never try to sell you anything you don’t actually need. With the help of Merchants Bancard Network, your customers can decide how they want to pay, and you’ll be ready for it!

12 Aug

Which machine to choose?

There are a ton of options when it comes to choosing a credit card machine, and each has pros and cons depending on your business needs. So how do you know which one’s right for you? Here are some highlights of the most common choices to make your decision easier!

If you are looking for portable options using SwipeSimple or Charge Anywhere will turn your smartphone or tablet into a payment terminal.

SwipeSimple SWIFT B200

First up is the Swift B200. This mobile credit machine is perfect for merchants looking to accept EMV chip cards and magnetic stripe payments with a device that connects via Bluetooth. Whether you’re using a tablet or smartphone, this device easily connects – enabling you to accept payments anywhere and everywhere! Plus, Quick Chip technology ensures fast transactions, so you’re never waiting around to process payments!

SWIFT B250

Next up is the Swift B250. This option shares many similarities with the Swift B000, but it is also equipped with tap technology. Meaning that this option is built for businesses looking to accept mobile wallets such as Apple Pay and Google Pay, as well as EMV chip cards and magnetic stripe payments. The B250 is also incredibly retail-friendly with the ability to switch between mobile, countertop, and in-store with the optional charging stand! A portable and durable tabletop charging stand is a fantastic addition as it:

● Keeps the card reader charged and stabilized while completing transactions
● Makes it easy to accept payments with a smartly designed upward tilt
● Has a simple and sleek interface

Charge Anywhere

These EMV mPOS PIN Pads and terminals make it is easy to use your Android or iOS phone or tablet as a mPOS payment system. All of these machines are: compatable with Android and Iphone, EMV Level 1&2 Certified, and Mag Swipe Track 1&2 certified!

The EMV Bluetooth Reader

This machine embodies all of the same components as the Audio Jack reader, but with the added benefit of connecting via Bluetooth; leaving your headphone jack available to you. It also has an optional (removable) adhesive pad, meaning that while connected through Bluetooth, it remains firmly secured to your mobile phone.

Pin Pad EMV Bluetooth Reader

This device connects to smartphones and tablets via Bluetooth, meaning that it remains separate from your device. This separation between phone and machine creates an experience for the cardholder that is familiar and consistent with traditional cash register patterns. The cardholder inserts their card, confirms the charge, enters their PIN, removes their own card and returns the device to the merchant, who then completes the process via their phone or tablet.

Pin Pad EMV Bluetooth Reader with NFC

This device connects to all existing POS systems via Bluetooth, Wifi, or through a USB serial. This dissolves the restrictions from the usual boundaries and restrictions, making it possible to stay connected even when not in the store. Therefore this device is perfect for pop-up locations, seasonal exteriors, or vendor fairs events.

6 Aug

3 Ways to Improve Your Customer Experience at Checkout

As a merchant, you know how important it is to provide a positive customer experience. You want people to enjoy shopping with you, tell their friends about your company, and become loyal returning customers.

That’s why it’s so important for the customer experience to be a positive one from the moment someone walks in your door to the moment they leave. Ensure your customers leave on a high note by making the payment process convenient!

While some consumers may prefer to pay with cash, for many, that’s become an outdated payment method. With everything from car parks to window cleaners now in a position to accept credit card payments, if you’re only offering customers cash options, you’re probably losing business.

American Express is a common card type that businesses do not accept. But, did you know that Amex lowered their rates? If you are not signed up on the new OptBlue Program you should be. Businesses that accept American Express received increased spend per customer.

Accept the customer’s preferred payment method

While some consumers may prefer to pay with cash, for many, that’s become an outdated payment method. With everything from car parks to window cleaners now in a position to accept credit card payments, if you’re only offering customers cash options, you’re probably losing business.

Allowing customers to make purchases in their preferred method is a great way to provide a positive customer experience! Luckily, there are a lot of options for affordable, effective and user-friendly credit card merchant services.

Choose the best location for payment

Where is it most convenient for your customer to make a payment? Maybe it’s at a checkout desk inside the store. Or, maybe it’s more convenient for your customer to pay elsewhere, like a table they’re seated at, or curbside.

You can help reduce the amount of time a customer must wait to pay by allowing them to pay where it’s convenient for them. If you’re always on the go or want to meet customers where they are, a portable credit card processing machine can be a huge help.

Offer quick and simple transactions

No one likes waiting around for their credit card payment to go through. Ensure your customers have a positive experience by offering fast payment transactions. Using modern equipment that’s user-friendly and processes payments quickly ensures your customers’ positive shopping experience won’t be dampened by a lousy checkout experience.

à Ready to improve your customer experience by offering a convenient payment process? Visit our website today to find the processing solution that’s right for you!

15 Jul

THE CLOVER SYSTEM AND HOW IT CAN BENEFIT YOUR SALES

We thrive to bring you the best and most helpful information and we wanted to take a minute to go over the Clover System and why we think it would be a good addition for your Business. A big reason why we choose to feature this system is because of everything it can do to make your Business run smoother. We think its important to work smarter not harder especially when it comes to systems.

Reasons why the Clover System would be a good fit for your Business:

● Fully Featured

● You can have access anywhere

● It can be customized

A Clover system can do more than process payments

● It can be customized based on your preferences and needs as a Business

● Makes it easier for your customers payments to be processed

● You can manage your orders

● Helps with customer engagement and growth

● You can oversee your team

● Extra features that can benefit your brand and client satisfaction

Types of Clover Systems

Clover Flex

Allows you to take payments quickly and efficiently, and also allows you to add on advanced features to help run your business.

Clover Mini

All in one miniature POS system needed to help your business run efficiently.

Clover Go

On the go payments? Don’t worry the Clover Go is going to help you continue getting payments even on the go!

Clover Station

Looking for a system that has all angles of your business covered? Look no further the full system is making your business thrive in the easiest and most efficient way possible.

Find out which system is right for you here: https://www.clover.com/shop/clover-mini?pdpPref=wifi

A clover system would be a great option if you want to do more with you system than just payments. It allows you the flexibility to customize and really dive into customer engagement.

It has extra features that allow your to do more such as connecting to your MailChimp email list, or directly to your quickbooks account! We want to hear from you what has been your experience with the Clover System?

19 Jun

5 Top Tips for Sales Agents

With sales in general, people are turned off if you portray yourself as very salesly, and only want them to buy the product or service. The biggest piece of advice is make them feel like they NEED the product/service and that they will be part of the community of the brand they are purchasing from. Nobody wants to be sold to, they want to feel like you are the solution to their problems. Since Merchants Bancard Network thrives on being a solution we want to make sure this is portrayed to every agent that is selling our services!

Educate Yourself:

The biggest factor in your success as a sales agent is knowing the business you work for, knowing everything they have to offer, and how they can be a solution to your Merchants problem * Remember if you can show someone how you can solve a problem they have you will be more likely to sign them on.

Make a point to subscribe to Merchants Bancard Networks email and to be looking for weekly updates to stay on top of what is happening, and what you can be offering to your merchants. As important as it is to sign new merchants its equally important to nurture those relationships so they become long term clients.

Always Inform

Take the time to inform your Merchants, let them know all the nitty gritty details that will go on when they sign on with Merchants Bancard Network, make sure you are being transparent and putting everything they need to know, or will encounter out there upfront. Its extremely important to build trust, if they trust you they will be more willing to take your opinion to heart and to trust that you are taking the best care of them that you can and that their Business is important to you.

Use your Resources

When you choose to be a sales agent for Merchants Bancard Network we want to make sure we are constantly updating you on all the changes. We want to make sure each week we are keeping you up to date on all the resources you have available to you. Some include:

● Outstanding Support:

● Upfront Bonus for Partners

● Sizeable Residuals for Partners

● Competitive Rates for Merchants

● American Express Opt Blue for Merchants

● 24 hour Customer Service for Merchants

Find out more https://merchantsbancard.com/partners/

5 Jun

How to Eliminate all Processing Fees

We at Merchants Bancard Network want to make sure you have all the resources available to you to really make a difference. We created our Cash Discount Program with YOU in mind. Allow your business to start saving money with MBN’s cash discount program. Stop paying Credit Card processing fees now.

Are you ready to take advantage of our cash discount program, and save your business money each year? Below we have outlines a few key details about our program, we have also added the link to get into contact with us so we can go over in further detail how Cash Discount can benefit your business, and how working with Merchants Bancard Network is the solution.

Details you need to know about Cash Discount:

  • Our cash discount program allows you to pass off credit card fees to your customers
  • MBN’s cash discount program is an exciting new way for you to save thousands of dollars on your yearly credit card processing fees.
  •  The laws have changed and you are likely still using the old ways of doing business.  
  • MBN’s cash discount program is a no risk program that allows you to eliminate your monthly interchange fees.  Click here to read more about MBN’s cash discount program and how it works.

Interested in how MBN can help you, and how you can start taking advantage of Cash Discount? Click here to fill out the formhttps://merchantsbancard.com/free-analysis/ and we will be in touch as soon as possible!

11 Dec

Are you EMV ready? Merchants Bancard can help!

What is EMV?

  • EMV is a technical standard for smart payment cards and for payment terminals and automated teller machines that can accept them.
  • EMV cards are smart cards (also called chip cards or IC cards) which store their data on integrated circuits rather than magnetic stripes.

EMV Implementation

  • Visa
  • MasterCard
  • American Express
  • Discover/Diners Club International

EMV Statistics

  • The US has 50% more fraud then the rest of the world as compared to payment volume.
  • Estimated 90% of counterfeit card fraud in the US could be eliminated with EMV deployment.

EMV Benefits for Merchants

  • Increases security and fraud protection to reduce card present fraudulent transactions and charge-backs:
    • Reduces skimming at the point of sale
    • Enables increased PIN use for stronger cardholder verification
    • Helps prevent the use of counterfeit, lost and stolen cards
  • Improves customer service:
    • Enables PIN transactions for both credit and debit cards, reducing time needed to obtain a signature and the need for authorization referrals.
    • Supports contactless transactions which are approximately 53% faster than a traditional magnetic stripe card transaction.
  • Enables merchants to offer cardholders a secure payment of their choice:
    • Meet expectations of cardholders who want more secure payment transactions
    • Accept foreign cards that are already EMV enabled
  • Drives innovation in emerging consumer technologies:
    • Chip-based applications can be embedded into a mobile wallet, enabling consumers to pay via their mobile devices.
    • Chip card technology works on the same technology that enables mobile payments at the POS