SekureCard merchant payment services blog » Merchant Cash Advance

Excellent service awaits you!

admin — Sat, 23 Jun 2012 02:27:22 +0000

SekureCard Services has an excellent support staff available to assist you. Accepting credit and debit is a necessity in today’s business environment and a very important aspect of your business. Electronic payments already make up the majority of consumer spending and are increasing at a rapid rate. We understand the importance of having nothing but the best in customer support and service for any need or question you may have, big or small. Our integration team is available for all your POS and terminal needs, whether its reprogramming equipment, assisting in updates or transaction inquiries.

We are dedicated to supporting you in every step of way. We believe strongly in after sales support and customer referrals accounts for 30% of our business. Sekure Card is quickly becoming a trusted name in credit card processing and has been advocating for merchants since inception.

We are always honored when a Merchant allows us to analyze their statement, whether it leads to a new customer or simply empowering a merchant with valuable information. SekureCard reviews thousand of credit cards statements every month. We attract a wide variety of potential customers ranging from savvy business owners looking to cut costs, to some merchants that actual feel like they have been taken advantage of or even been victim of a scam.

Whatever your reason may be, Sekure Cards staff of over 150 professionals is ready to help. If you would like a free analysis of your statement without any cost or obligation then call us today or visit us online.

www.sekurecardservices.com

1-866-437-3189 ext.225

Sekure Helps Merchants Avoid Terminal Leases

admin — Thu, 21 Jun 2012 15:33:30 +0000

TERMINAL LEASING

Unfortunately there are numerous ways a merchant can fall victim of a scam when shopping for payment processing services. One of the most common, as well as financially damaging, is leasing a credit card terminal.

Far too often some smooth talking salesperson convinces a merchant their current equipment “isn’t compliant” or “needs to be upgraded”. Surprise, surprise… they have the perfect solution! They offer a state-of-the-art terminal that is always much more expensive than you’d expect. Surely you wouldn’t want to pay thousands of dollars upfront for such a sophisticated new machine. The rep then cuts you a great deal with reasonable monthly payments for the next four years and the machine is yours.

What isn’t brought up is that the leasing agreement can’t be cancelled and the true value of the terminal is usually no more than a few hundred dollars. It isn’t uncommon to pay well over ten times the value of the terminal over the length of a lease. Many of these agreements aren’t even lease to own, and in some cases the equipment may be refurbished or less current than the previous terminal.

Most reputable companies will provide you a free terminal as a loaner or simply sell it to you at cost. Often the equipment you have is perfectly fine and can be reprogrammed in a few minutes over the phone. SekureCard Services has a full integration team for ease of switch or reprogramming your equipment.

Sekure Card Services has had only one complaint with the BBB (Better Business Bureau) which was successfully resolved, thus giving us an “A” rating CLICK HERE to see SekureCards BBB rating.

If you wish to have a review done of your processing statement and fees you can contact us at, 1-866-437-3189 ext.225 or visit us online at, www.sekurecardservices.com

SekureCard, merchants best anti-scam protection

admin — Thu, 21 Jun 2012 14:34:20 +0000

Merchants’’ often feel scammed and often have complaints about the cost associated with accepting credit cards from there payment processor.

A payment processor is a company appointed by a merchant to handle credit card transactions, and is usually broken down into two types: front-end and back-end.

Front-end processors have connections to various card associations and supply authorization and settlement services to the merchant’s banks’. Back-end processors accept settlements from front-end processors and, move the money from the issuing cards bank to the merchant’s bank.

In an operation that will usually take a few seconds, the payment processor will both check the details received by forwarding them to the respective card’s bank or card association for verification, and also carry out a series of anti-fraud measures against the transaction. Once the payment processor has received confirmation that the credit card details have been verified, the information will be relayed back via the payment gateway to the merchant, who will then complete the payment transaction. If verification is denied by the card association, the payment processor will relay the information to the merchant, who will then decline the transaction.

SekureCard services support merchants’ with a fast and reliable payment system that includes;

Credit Card Processing,
Check Acceptance,
Fleet Card Acceptance,
Wireless Payments
Gift Card / Loyalty Programs,
Online Payments,
Mail / Phone Payments
Business Cash Advances

As each service has a cost associated with it it’s important to understand how those fees are established so merchants’ can understand how best to make use of their payments services. Sekurecard ™ services include over 100 professional looking to keep their merchants abreast with changes, making sure right POS (Point of sales) equipment is used and that the services they provide are understood, saving merchant’s money and easing the process so they can grow their businesses without feeling scammed by their payments processor.

Please see below for more information regarding SekureCard Services, or visit us online at, www.sekurecardservices.com

Corporate Sales:

Phone: (866) 437-3189 ext.225

Email: info@sekurecardservices.com

Statement Analysis:

Fax or email your most recent statement to:

Fax Numbers: 1-888-990-9929  or 1-888-990-9932

Email: analyze@sekurecardservices.com

Franchised merchant payment processing vs local reps

admin — Thu, 14 Jun 2012 20:28:57 +0000

One of the greatest misconceptions in payment processing is the benefit of a local rep. In many ways it is a quaint and old-fashioned notion. It almost hearkens back to the days of going to your local butcher, the neighborhood bakery or getting milk delivered to your door. You have the warm and fuzzy feeling of knowing someone from your community has your business’ best interest in mind. They periodically drop in to say hello, or maybe they are an acquaintance or were recommended by your local bank. They are relatable because they service your area.

Unfortunately, this antiquated approach is absolutely one of the most costly ways of handling your business’ payment processing needs. Local reps often don’t make any reliable form of pay. They exist solely off commission and signing bonuses. In this feast or famine situation, most reps will understandably say anything they need to for you to sign on the dotted line (regardless of how legitimate their claims are).

They also often work for third or fourth party resellers for much larger processing companies, keeping you further and further away from the actual processor while keeping as many thumbs in the pie as possible. With all of these factors at play there’s almost no way to get a truly competitive rate on a local level with a local agent.

Typically a local rep will approach a business offering great savings. However, because they will have to survive off of a percentage of your processing fees in years to come your volume 100% dictates your pricing. Usually you end up with a very low introductory offer or “teaser quote”. The quote is intended to lure you in to signing. Many local reps will also claim to do you a favor by leaving the agreement as a commitment free month-to-month agreement. This also means there is no real guarantee that the pricing will last while keeping you comfortable.

These very simple sales tactics then set the stage for what will eventually lead to hundreds of online complaints and negative reviews. What you may not be aware of is that your new rep has received a rather lucrative signing bonus, another kickback when your new account is approved, and yet another when you are “plugged in” and processing. This allows them to coast for a few months while you, confident in your new deal, gradually stop paying close attention to your monthly billing.

Because you now represent monthly residuals to this rep they will gradually increase your fees to boost the account’s profitability. Previously undisclosed corporate fees, non-compliance charges and customer rewards programs typically start popping up on both your statement… and the withdrawals from your checking account each month.

My best advice to any merchant is to approach your payment processing just like your larger, nationally franchised competition. THINK BIG. Instead of bouncing back and forth between numerous smaller local companies, essentially all working in the exact same way I’ve described above, THINK BIG.

The Wal-Mart’s of the world get great rates because all of their locations, and their volume, move as one. Working with industry specific buying groups, and large established processing brokers like SekureCard Services are the easiest ways to access this type of pricing.

Sekure Card Services has a very simple model. We work with volume, instead of working with a few merchants a month as a local rep might; we work with a few hundred merchants each month, and thousands every year. You can have your statement reviewed for free, without any cost or obligation.

SekureCard will also pay your current company’s early termination fees, supply free equipment or terminal reprogramming and various other things that others charge for or won’t even do. SekureCard is one of the few companies to actually pay money against POS switch fees instead of relying on projected savings. We also have a dedicated customer support and technical integration team to provide a much higher level of assistance than a single rep, despite that rep being a few minutes away from your business. SekureCard only has one complaint with the BBB that was resolved, giving us an A rating. CLICK HERE for SekureCards BBB rating.

If you’re looking to reduce expenditures in what is a rocky financial time for all of us, I would highly suggest broadening your horizons. To maximize your profits, you will definitely have to look further than your back yard when it comes to payment processing.