Thursday, October 28, 2021

A Giving Heart!

 

Merchant Processing Solutions gives back to Non-Proft Organizations in several ways! 


We are proud of our philanthropic endeavours. Every year our company support multiple non-profit organizations to help the less fortunate of our community and the world as proud founders of Networking With a Cause, a non-profit organization that gives back to many charities locally and internationally. We also implemented the National Giveback Program which helps non-profits recoup some of their merchant processing fees allowing them to keep more of their donations. 

We have had the honor of working with the following charitable organizations:

Healing Hands of Hope Orphanage in Colombia
America's Planned Giving -
Restoring Families after Hurricane Irma














Highland Food Resources
One World Quest




More Charitable Organizations Since 2006

  • Leukemia and Lymphoma Society
  • Juvenile Diabetis   
  • Girl Scouts of Southeast Florida
  •  Good Karma Pet Rescue
  • Transforming Youth, Transforming Communities
  • Beacon of Hope
  • 4Kids of South Florida



Currently, Merchant Processing Solutions's Business
Networking with a Cause is supporting Global Dreams. 


Merchant Processing Solutions gives of their earnings and hosts charitable events to help non-profit organizations. When you work with our company, you too are helping charitable organizations! 

Merchant Processing Solutions Inc.
954-938-2420


Tuesday, October 26, 2021

Networking with our Community Businesses & Chambers!

Merchant Processing Solutions has been a strong women-owned company in Fort Lauderdale since 2006. We based our company principles on doing what is right by our customers and becoming "partners" with our them! NO company can be an island and expect to survive! Therefore, we quickly began joining forces with chambers of commerce, banks, accounting firms, web designers, restaurant groups and non-profit associations providing advise, cost effective pricing and extraordinary customer care. Our goal is to bring a higher-level of integrity and honestly to an otherwise "wild-west" industry! 


Claudia Mosley, award winner, with Stephanie Cates & Yamilet Strauss
Humanitarian Awards from the Hispanic Bar Association of Broward


Merchant Processing Solutions is active in the following: 

  • Greater Fort Lauderdale Chamber of Commerce - Advisory Board Member
  • Miramar Pembroke Pines Regional Chamber of Commerce - Member
  • Weston Florida Chamber of Commerce - Affinity Partner & Member
  • Tropical Financial Credit Union - Vendor Partner
  • Referral Partner for Web Designers, Accounting Firms, Restaurant Group and non-profits
  • Americas Business Networking Community
  • Various business associations in South Florida - Hispanic Bar Association Broward and Lawyers & Friends

Merchant Processing Solutions has been awarded the following distinctions: 

Yamilet Strass & Claudia Mosley
Woman of Influence 2020


  - Entrepreneur of the Year 2010 – Leader Magazine
  •   - 100 Outstanding Women of Broward County 2012 – FLCC

  •   - Established Small Business of the Year in 2016
  - Nominated Small Business of the Year in 2018

  - Humanitarian Award from the Hispanic Bar Association of Broward County in 2019

  - Pinacle Award Winner; Professional Business Person of theYear in 2019

  - LifeStyle Magazine 2020 Most Influencial Women of South Florida in 2019

Stephanie Cates Pinnacle Award Winner 2019

We’re proud to help your business drive forward by offering services, equipment and support, fulfilling high-level payment industry standards. Merchant Processing Solutions Inc. is proud to work with our local chambers, banks and business organizations to bring a local, honest and professional perspective to the community. 

Merchant Processing Solutions Inc.
954-938-2420


Monday, October 25, 2021

We can SYNC with your QuickBooks!

 How would you like your payments to SYNC automatically with your QuickBooks? No extra time connecting payments with customers, and invoices. 


QuickBooks is a great financial tool but expensive to use as a processor!
Let MX™ QuickBooks Sync give you the best of both tools! 

Manually tracking sales data can become an accounting nightmare. With MX™ QuickBooks Sync, merchants can synchronize financial data from the MX™ Merchant payment platform to Intuit’s QuickBooks Online tool. MX™ QuickBooks Sync automatically updates daily transaction data to QuickBooks Online, including all transactions, customer information, invoices and more!


MX™ QuickBooks Sync AUTOMATICALLY UPDATES your QuickBooks Online seamlessly; saving our merchants countless hours of manual entry. 

This App works with the following products:  

  • MX™ Invoice
  • MX™ Quickpay
  • MX™ Express
  • MX™ Retail with an integrated countertop terminal


What data is synced from MX™ Merchant to QuickBooks?

Customer Info: 

  • First Name
  • Last Name
  • Company Name
  • Email
  • Phone
  • Mobile
  • Website
  • Billing/Shipping
  • Name
  • Address 1
  • Address 2
  • City, State, Postal Code, Country

Invoice Info: 

  • Includes any discounts, payments or refunds applicable to the invoice
  • Partial refunds against an invoice payment accounted for as a Credit Memo
  • Invoice Id
  • Customer Id
  • Invoice Number
  • Invoice Date
  • Due Date
  • Billing
  • Shipping
  • Email
  • Name
  • Address Line 1
  • Address Line 2
  • City, State, Postal Code, Country
  • Email
  • Name
  • Address Line 1
  • Address Line 2
  • City, State, Postal Code, Country

Items: 

  • Description
  • Unit Price
  • Unit Quantity
  • Line Discount Amount
  • Line Amount
  • Invoice Discount Amount
  • Total Amount

With Merchant Processing Solutions, you can get the best of both worlds for only $25.00 per month for our MX™ QuickBooks Sync. Give us a call and start saving time and money! 

Merchant Processing Solutions Inc.

954-938-2420 

 

Monday, October 4, 2021

Surcharging is now legal in Florida!

Consumer Protection

Florida Attorney General Office Link

Adding a surcharge fee to credit cards just got legal! 


How to Protect Yourself: Credit Card Surcharges

Source: The Florida Attorney General's Office


When you use a credit card to pay for goods or services the merchant is charged a fee by the credit card company. These “interchange fees,” also called “swipe fees,” are often calculated as a percentage of the amount you purchase. Some merchants may choose to recoup these fees by adding a surcharge to your purchase.

Are credit card surcharges legal?

Yes, except in some states with laws that prohibit credit card surcharges. Florida has a law prohibiting credit card surcharges, but that law was held unconstitutional by federal courts. Therefore, merchants in Florida may add a surcharge to credit card purchases.

Can businesses charge whatever they want as a surcharge?

No, major credit card companies have rules that limit the amount a merchant can add to a customer’s credit card purchase but typically prohibit businesses from charging more than their actual cost for processing credit card transactions.

Can businesses apply a surcharge to debit card transactions?

Under federal regulations credit card issuers can only receive fees for debit card transactions of up to 21 cents, plus 0.05 percent multiplied by the value of the transaction, plus 1 cent for fraud prevention. As a result, most credit card companies prohibit merchants from surcharging debit card transactions.

Are businesses required to disclose a credit card surcharge?

Yes. Credit card surcharges must be disclosed before purchase. Most credit card companies require merchants to disclose credit card surcharges in online transactions, on a sign at the store’s point of entry and point of sale, and on the receipt. Additionally, any undisclosed fees may constitute an unfair or deceptive trade practice prohibited by Florida law.

File a complaint.

If you are charged an undisclosed fee you can report it to our office by calling 1-866-9NO-SCAM (1-866-966-7226) or at www.MyFloridaLegal.com. You may also report it to your credit card company.


Offset the cost of processing fees for credit cards 

with our MX Advantage Program! 

Merchant Processing Solutions Inc.
954-938-2420