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BANK PROCESSING SERVICE Verses MERCHANT PROCESSING SERVICE

I believe that one should look at pros&cons before making an educated decision on any MONEY matters. I know that most of the Provisioning Center’s Are new to merchant service and having concerns on what is the best way to accepting credit/debit cards. Marijuana Moving Forward & PayCertify partner with CALMED BANK is a MARIJUANA  BUSINESS BANKING THAT’S ALL WE DO. We have other Banking Partners for other Companies banking solutions.

BANK CARD PROCESSING SERVICE

Sure, you can use the same Banking service that you have your Busses account with.

For some busses feel that it is better to do all money matters in one place it makes them feel secure to have their all their money in the same place.

The truth is that banks don’t handle merchant accounts there is not info percentage revenue for them to put in the work. They hand it over to a Merchant Service organization that then does the workup hands it back over to the bank acquiring more Fees to the merchant. start of the business, and as they gain more sales volume, they pay more transaction fee.

The bank is a payment processor.

Banks don’t offer any options or amenity’s the merchant would have to get Insurance/fraud protection. Tax services accounting, third-party payout service and any other service needed from another co. very costly

 

 

 

 

ISO, or Independent Sales

An organization is typically synonymous with a credit card processing company.

The definition of an ISO states that ISOs are organizations or individuals that have relationships with the member banks. by two basic methods: either directly by the processor or sponsoring bank or by an authorized agent for the bank and additionally directly registered with both Visa and MasterCard as an ISO/MSP (independent selling organization/member service provider).

All Independent Sales Organizations Are Not Alike

the world of merchant services, an ISO, or Independent Sales Organization, is typically synonymous with a credit card processing company.  Sometimes “Merchant Service Provider” or MSP is used as well. Some merchants may feel that going an “ISO” is not as advantageous as getting a direct processing relationship with a major banking institution. This is usually driven by a bad experience with a company with a handful of customers, leaving the business owner with the impression that the ISO label represents an inferior processing relationship. ISOs can be very large companies with stellar reputations and may have much more flexibility than large financial institutions. What is a Dedicated merchant account? What is a Dedicated merchant account

A dedicated merchant account gives more control of the solution to the merchant.

It means the merchant can negotiate for better pricing. Most of the times merchants pay a low transaction fee if the monthly sales volume is low. The transaction fee increases if THE TRANSACTION   AT YOUR FINGERTIPS

 

MERCHANT PROCESSING SERVICE

What is an ISO/Merchant service?

ISO, or Independent Sales Organization, is typically synonymous with a credit card processing company.

The definition of an ISO states that ISOs are organizations or individuals that have relationships with the member banks. by two basic methods: either directly by the processor or sponsoring bank or by an authorized agent for the bank and additionally directly registered with both Visa and MasterCard as an ISO/MSP (independent selling organization/member service provider).

All Independent Sales Organizations Are Not Alike

the world of merchant services, an ISO, or Independent Sales Organization, is typically synonymous with a credit card processing company.  Sometimes “Merchant Service Provider” or MSP is used as well. Some merchants may feel that going an “ISO” is not as advantageous as getting a direct processing relationship with a major banking institution. This is usually driven by a bad experience with a company with a handful of customers, leaving the business owner with the impression that the ISO label represents an inferior processing relationship. ISOs can be very large companies with stellar reputations and may have much more flexibility than large financial institutions. What is a Dedicated merchant account? What is a Dedicated merchant account

A dedicated merchant account gives more control of the solution to the merchant.

It means the merchant can negotiate for better pricing. Most of the times merchants pay a low transaction fee if the monthly sales volume is low. The transaction fee increases if THE TRANSACTION LIFECYCLE AT YOUR FINGERTIPS

 

PayCertify Solutions Suite™ works as a one-stop shop – we provide you all the tools for fraud prevention, card and check processing, chargeback management, and mitigation and business intelligence without having to worry about managing the data scattered across multiple systems.

 

We give you the option to opt to use all the products or just use the modules you need from our product and services offerings.

 

Do you currently know what is your customer’s purchasing profile? What do they do within your checkout or CRM page? Whether it’s a Mail Order, Telephone Order or E-commerce transaction, PayCertify’s Solutions Suite helps you identifying every single aspect of your customer’s transaction – and what were our verdicts during the entire process.

A FEDERALLY INSURED & LEGAL

SOLUTION TO YOUR CASH BANKING NEEDS

Legacy cash program protects past earnings

*Access to trusted tax settlement attorneys

*Qualify for business funding, loans and lines of credit

*Benefits of banking with

CalMed Bankers

Control funds anywhere with online banking

X: Concierge Banking Services initiated by CalMedBanking include debit card, mobile banking, eCheck capabilities, ACH

transfers, armored car logistics, vault services, TAX SETTLEMENT

Decades of experience negotiating settlements

  • Concierge-style tax settlement management advisory services
  • Assistance complying with all state and federal tax requirements
  • Seamless tax reserve-account set up
  • Use taxable income to qualify for business loans secure online banking portal, and compliance oversight monitoring.

X: All funds are insured by the FDIC. Legacy and cash deposited daily stats in the local state of deposit. All funds are

Designed to prevent and eliminate exposure to even the most advanced fraud, while increasing revenues, and offering customers the most streamlined, secure, and positive check out experience, Pay Certify’s Business Solutions Suite is trusted by thousands of merchants processing billions of dollars per year in revenues.

 

Pay Certify’s Business Solution Suite is comprised of 8 primary components, which merchants can choose to apply individually, or collectively. Review an in-depth breakdown of each component below, and connect with a live person to learn more. Aside from offering some of the most advanced technology solutions of any merchant processor, Pay Certify offers an unparalleled merchant support team, headquartered in Northern California.

Legacy cash program protects past earnings

*Access to trusted tax settlement attorneys

FOR A CALMED BANKING BROSURE CLICK HERE

X: Concierge Banking Services initiated by CalMedBanking include debit card, mobile banking, eCheck capabilities, ACH

TAX SETTLEMENT

Decades of experience negotiating settlements

  • Concierge-style tax settlement management advisory services
  • Assistance complying with all state and federal tax requirements
  • Seamless tax reserve-account set up

FOR MORE INFORMATION AND  MERCHANT PROCESSING RATES

CALL SHERRIL AT 517-715-6103

EMAIL TO  sherril@marijuanamovingforward.com

Posted in Other on October 03 at 06:06 PM

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  • Frank Palomino