Wednesday, November 18, 2020

Recurring Payment Acceptance helps both customers and businesses!

 Recurring payments benefit consumers!

Consumers enjoy the convenience of auto pay that automatically deducts a pre-arranged payment for your business services. They don’t have to worry about payments, so they’re free to focus on the experiences and value your business offers. Other recurring payments benefits for customers include:

  • Customers often purchase more when payments can be made on said purchase
  • Automated receipts sent to text or email
  • Ability to easily update payment method and subscriptions levels
  • Flexible payment amounts and terms meeting each customer's needs



Recurring billing payments benefit businesses too! 

Recurring payments offer many benefits to business owners as well, resulting in more sales and more revenue! 

  • Customers can buy now and space payments over a period of time to help prompt sales 
  • Customers may decide to purchase or purchase MORE when Recurring Billing is offered
  • Fewer late payments and more predictable cash flow
  • Enhanced customer loyalty by making payments simple, easy and worry-free
  • Eliminated costs associated with manual billing, mailing, and postage


Contact a Merchant Processing Solutions payment expert to learn how a recurring payment gateway can power customer payments, help keep your customers happier and accelerate your revenue while reducing costs.

MERCHANT PROCESSING SOLUTIONS 

954-938-2420


Thursday, November 12, 2020

Are you REALLY open for business?



Customers today approach purchasing differently and businesses need to follow their lead! The top selling companies in the United States are implementing customer friendly options for shopping:

  • WALMART - They have increased their online sales by 37% since January 2020. Offering online shopping for "in-store" pick -up  or delivery to your car. They also offer home delivery and depending on the amount their Shipping & Handling is FREE! has added a very friendly mobile app for any of the purchasing options mentioned above. 

  • KROGER FAMILY OF GROCERY STORES - They have added store Apps to allow customers to order on the app for home delivery, pick-up or just quick purchase in-person. Kroger's saw their  online sales soar by 92% in the first quarter of 2020! They had added thousands of jobs for delivery drivers across the nation as more and more people purchase for home delivery!













  • COSTCO - The 3rd largest retail store in the nation has also had to change their shopping options to include online ordering for either store pick-up or home delivery. They do not offer to store pick-up to car delivery and that has brought criticism to the store that prides on innovation and customer satisfaction. COSTCO still wants people in their store to capture the impulse purchases which critics say is not a good enough reason to put people at risk. 
Merchant Processing Solutions shared these stores success because they are the BIG DOGS of the US retail industry.It took months of preparation and money to get to the point where these purchasing options are as popular than in-person shopping! So what can the average retail merchant do to compete? You must find out what options your retail store can offer; mobile app or website ordering with car pick-up or home delivery. One of the most important reasons that the BIG DOGS are successful is they have followed AMAZON with their easy return policy. If your company offers multiple purchasing options, safe delivery options and a broad return policy, there is NO REASON you can't compete in our local market! 

If your company needs advise on how to set up an affordable eCommerce Website or Mobile App with delivery and payment options, call us!

Merchant Processing Solutions 

954-938-2420

Monday, November 9, 2020

Are your payment acceptance connections compatible?

 I recently got a call from a log-time merchant of Merchant Processing Solutions who asked how she could connect her new client online POS to work with our company. I asked her the name of the company and the software, I had not hear of them at all! I asked if we was test the product of had they already purchased it and of course it had been purchased and they were uploading their data when I got the call!! YIKES....

Are you purchasing compatibility in your solutions?


She found out that this company ONLY used one gateway provider and not the one she had used for 6 years! So now the choice is : 1) Do we just move forward with the new software and payment gateway and manually enter all the data into our system or 2) Do we look for a different software that will work with our current payment gateway/merchant provider?? Either way, it will cost her time and money having not know first about her payment acceptance compatibility.

Of course, all of this could have been averted had they contacted us first to discuss their new needs and options to fulfill that need. Merchant Processing Solutions is a Partner to our merchants and as such, we want to be part of your decision making to give you valuable insight into our industry as well as the products and services necessary for your business to grow! 

If you are looking to implement more software of plug-ins to your current payment acceptance system, call us for a FREE consultation! 

Merchant Processing Solutions 

954-938-2420