Wednesday, February 28, 2018

We Found Him the Right Solution!


At Merchant Processing Solutions Inc., we don't sell you a terminal or a POS System, we sit, listen and try to understand YOUR BUSINESS and with our knowledge, try to evaluate the best solution for your business in terms of efficiencies and cost effectiveness!

Ray Torres of On Set Media had been struggle with finding the time in his busy day to send out the quotes and invoicing his clients. He also thought that he should be able to find a solution to billing his month to month clients. After spending about an hour understanding his business, Stephanie offered a robust solution to his issues, a USAePay Gateway with Recurring Billing, Virtual Terminal, Invoice Capabilities, Customer Database and history management as well as remote capabilities. The price point was reasonable and our rates were MUCH BETTER than what he was paying through his bank, so he became our merchant.

Today, Ray knows the name, phone numbers and faces of his merchant processing team. If he has any questions, he just calls us! If you do not have that type of relationship with your merchant processing team, please call us for a consultation. 954-938-2420

Ray Torres of On Set Media



Friday, February 23, 2018

Shopping ... REINVENTED! Are you being left behind?






Sam's Club
63 Stores

Today's shopping experience is NOT like your grandparents' or parents' generation! Today we can buy anything with a CLICK on our cellphone or PC! Major retail stores are closing while others are closing down hundreds of locations like the ones shown here. What is happening?



183 Stores

People are simply buying more stuff online than they used to, but what changed?

  1. Online return policies have make online purchases "trustworthy"! There are no RISKS involved in purchasing clothes and other personal items as most online companies have a generous return/refund policy.
  2. It is no longer cumbersome to purchase online with your phone as most reputable companies have developed MOBILE APPS to attract and keep their loyal customers. MOBILE APP purchases are up from 2% (in 2010) to 20% 9 (in 2017).
  3. Most companies have waived or absorbed their shipping and handling fees making most purchases equal in value or less than purchasing from a local store. 
  4. Clothes purchases are the worst for many people. Some love browsing the racks while others, HATE IT! For those people, they can search, order, receive, try-on and return any clothes they do not like for any reason! There is no embarrassing...."madame, can you get me a larger size?"

Less shopping trips! 

Sears and Kmart closing stores in 2018
103 Stores
  1. Purchasers would decide to by a television. They would figure out which stores to visit, get information on the different offerings. They would go home research using magazines or word-of-mouth referrals and then make a second or even third visit to the store. Today, they can do ALL OF THIS ONLINE! There are still those that like to feel and touch, but in many cases they make one trip to a couple of stores and then purchase online for a better price. 
  2. Retail stores have "outpriced" themselves. Needing to pay for retail space, inventory, staffing etc. Just so that someone could touch, feel, smell & taste what they wanted to purchase. And even then, we got a bad product and returns were difficult many times. So instead, I would prefer to order what I normally buy online and go for a bike ride! 
  3. Gap, Banana Republic closing stores in 2018
    The Gap & Banana Republic - 200 Stores
  4. Recently, my husband needed to replace a handle on our van, it is a 2001 Odyssey. Most parts stores do not carry product that old. So, he just went online researched what part he needed got the model # and then checked a couple on places online. It was delivered to the house free of charge! Years before, he would have spent an entire day going to the dealership getting part info then older parts shops and eventually to the junk/salvage yards to see if he could find a 2001 Odyssey door where the handle was still good, pay for someone to remove it, hoping they did not break it, and then hours later come home to install it! Way too difficult! 

 Americans are shifting their spending from materialism to social interaction with family & friends.

  1. Malls were the gather places of the 70's - 2000's. But in more recent years, with public violence on the rise, families are choosing to not be "mall crawlers" and shop for the security of their own homes! 
  2. Driven by Social Media acceptance, today's consumers prefer to spend more time being able to socialize with family & friends over a meal, getaways, vacations, movies, and others entertainment venues.
  3. In 2016, for the first time ever, Americans spent more money in restaurants and bars than at grocery stores. 
               Do you need to REINVENT your business?                
Do you offer a MOBILE APP? 

    Do you make it EASY for people to FIND you and DO business with you? 

Do you need some advice and help getting REINVENTED? 

CALL Merchant Processing Solutions Inc @ 954-938-2420











Monday, February 19, 2018

Introducing our newest partner...

Stephanie Cates became a partner in 2016. She was originally our competitor, when her company merged with another company and laid off more than 500 people! We spoke about working together and decided it would be a great fit! Stephanie has been in the merchant services industry for more than 12 years but her sales skills go back a lot longer than that AND she is BILINGUAL; English & Spanish! 


Stephanie left New York for Mexico City 2 days after graduating from high school. She studied at the University of Mexico. where she met her first husband. She has two children and worked teaching English as a second language to business and government executives. After 10 years there, she decided to move back to the US with her family.

Back in New York, Stephanie used her Spanish Language Skills to teach Spanish and ESL Classes. Unfortunately, teaching did not prove to pay very well. She was prompted by a local Real Estate Broker to get her license. In the first month of sales, she had earned more money than the entire year of teaching! Her passion and aptitude for sales was discovered! Stephanie worked in real estate for more than 13 years winning local and national awards for her sales.

After a divorce, she moved to Colorado Springs.  She continued in real estate and soon became a top producer. But a new marriage made Stephanie decide to no longer work the long hours of a realtor. She decided to work a 9-5 job with AT&T Wireless. Her first day on the job, the Blackberry was introduced! Talk about timing! Stephanie was trained and sold, all the latest communications technology & devices, as they became available. In 2001, Stephanie sold more than 1200+ cellphones making her the top salesperson in the state of Colorado. She was named to President's Club and won a trip to New York City!

After 9+ years in the rapidly changing communications industry, she decided to change pace. A head-hunter saw her resume online and called. She was finally persuaded to enter the merchant processing industry. According to Stephanie, "All I could think was that I knew how to use a credit card...how hard was it to learn the merchant side! Boy, was I wrong!" Stephanie worked for First National Merchant Services, which was bought by TSYS. She worked with them for over 10 years.

When asked what makes her so successful, she says the following:

  1. Listen the customer's needs before your own.
  2. Always explain, its not IF we make a mistake but WHEN we make a mistake and how we handle it, that defines us.
  3. I treat my customers the way I want to be treated. 
  4. I'm local... I never want to hide from someone in the grocery store because I screwed them!
  5. Always do the right thing, even if it means walking away from the deal!
  6. Pay Forward....give others referrals and it will come back to you, in fold! Be a connector! 
  7. Forward Motion; everyday I have a list that I need to follow up with on each customer/lead. 
  8. Remember, they don't hate you, they just don't see VALUE in you.....YET
  9. Surround yourself with a great TEAM...Claudia, Yamilet and Dave, my husband, are the BEST! 
  10. Embrace change.....or be left behind.
Stephanie says she feels so blessed to be a part of this terrific company and great team. She also recognizes that if it were not for those that believed in her and referred her, she would not be where she is today.   To reach Stephanie Cates: 954-938-2420.


Creating Relationships Not Just Transactions! 










Friday, February 9, 2018

"Plastic" may very well become a thing of the past....









Image result for iphone payment images
Add all your credit cards to your cellphone and no need to carry them around! 

In today's new payment world, there are all types of payment acceptance:
  • Terminal swiping or EMV Chip
  • Point of Sale swiping or EMV Chip
  • Mobile payments to a cellphone using a card reader to swipe or an EMV Chip
  • Apple/Samsung Pay TAP
  • TAP using your bank debit or credit cards near a terminal or card reader


The future will bring more of what is termed "Invisible payment experiences". Those experience whereby no physical "plastic" card is required to accept payment:





  • PayPal account payments- save info once and reuse
  • Online payments with "saved credit cards" like on Amazon
  • Mobile payments using a Mobile App
  • Apple/Samsung Pay TAP
  • TAP using your bank debit or credit cards near a terminal or card reader
Europe and Asian have already gone to accepting TAP at vending machines and most stores. Everything else is done via mobile apps even bank to bank payments are now using cellular apps like VENMO and more.

Image result for mobile apps with payment images


If you have NOT sat down with Claudia, Yamilet or Stephanie of Merchant Processing Solutions Inc. this year, to discussed your business and payment acceptance options and future, you could be missing out on some valuable information to help you compete and grow your business. 

Call us today @ 954-938-2420


Monday, February 5, 2018

MPS was the featured speaker @ the Weston Power Lunch!
















Merchant Processing Solutions Inc. was asked to speak at the Weston Power Lunch this past Friday. The Weston 
Power Lunch is an "OPEN TO ALL" networking event at Mallardi's Restaurant, the first Friday of each month. Karina Cristancho, Circles Enterprises, created and has hosted this event for the past 10+ years! We wish to thank Karina and her team for allowing us the opportunity to speak before more than 90+ guests! Come join us on March 2, 2018 from 11:30 -1pm, at Mallardi's in Weston.

Yamilet Strauss taking questions from the
audience about merchant processing. 



Stephanie Cates, VP Sales & Marketing, presented some of the new technology offered by MPS. After, Yamilet Strauss fielded questions from the attendees about merchant processing. 



Image may contain: 2 people, indoor
Claudia Mosley spoke about MPS's
non-profit work in Colombia and the US.



Claudia Mosley, CFO of MPS Inc. spoke about our new non-profit venture in Colombia, helping sex-trafficking survivors recover in a safe home, get education & a trade to become self reliant. The attendees generously contributed more than $125 towards this endeavor. 

Justin Nepola & Marty Elberg
Image may contain: 2 people, people smiling, closeup
Stephanie Cates with Patty Garcia


Great people, great food,
TERRIFIC NETWORKING! 
Claudia & Yamilet captured the audience with helping
answers to the many questions asked.