Friday, September 30, 2022

Three Trends in Merchant Processing for 2022

Merchant Processing Solutions Inc tries to stay relavent within the industry. New processing trends, hardware and software solutions are not always viable or practical for our merchants. Decifering what is the best solution for a merchant requires complete understanding of our merchant's business and client payment interaction! What was once an industry of imprinting credit card reciepts on a kuckle-buster machine, mailing them to the Card Brand and waiting weeks for the check to come to the merchant via snail-mail, it a thing of the past! 


The Internet has changed how we accept payments, how quickly they get approved and paid to the merchant. But there is still room for improvements! 


Here are THREE of the most promising new trends for 2022! 

  • Smart Payments allow a business to not only use B2B pricing to save on processing costs, but to send an invoice that the merchant will pay directly with a click on a button! No more multiple softwares or manual input required! Create an invoice > Send to Customer > Customer Opens, Agrees and Click on Pay Now > Reciept sent to Customer > Merchant gets notified of payment > Merchant gets money funded to their bank account! It's that easy! Merchant Processing Solutions offers not only B2B Processing for its merchants but the ability to create invoices and get funded directly from those invoices! 


  • Moving to Digital ACH Funding! NEVER wait for the "check's in the mail"! Set up your merchant account to accept real-time payments via bank to bank funding. Funding happens within hours instead of weeks! Merchant Processing Soltions offers ACH Funding, never drive to that bank to deposit for wait for a check to arrive again! 
            
  • Flexible Payment Options have been around for awhile but its automation is just being understood and embraced today! When merchants are able to offer payment options like online payments, installment payments, and recurring payments, customers gain more control over their purchases; increasing sales for the merchants! With today's digital software technology, Merchant Processing Solutions can offer our clients the ability to set up payment plans to meet each customer's needs.


If any of these trends interest you, please contact us @ 954-938-2420!

Merchant Processing Solutions Inc.




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