Category: Best Practices for Merchants

MULTIPLE PAYMENT OPTIONS

Merchants are constantly trying to find ways to improve their customer experience, like customer service and loyalty programs, but the one that is often overlooked is offering a variety of payment options.

Offering a variety of payment options can lead to your customer experience success. With more and more customers using alternative forms of payment and staying away from the traditional way which is cash and credit card.

Types of Payment Options:

E-Commerce – Online shopping is growing, your business should be adopting this trend. Merchants who do not currently offer an online store should consider taking their sales online. This will gain more exposure and will also enhance the overall customer experience.

Mobile Wallets – Consumers are becoming more comfortable doing transactions on their smartphone, by accommodating mobile wallets, your business can attract more customers and more sales for your business. Upgrading your point-of-sale (POS) to be a Near field communication (NFC)-enabled will allow you to accept any mobile wallet payment.

Offering a variety of payment options will help your business stay up to date. More payment options mean more customers. If you would like to expand your current payment processing options for your business, visit www.nationaltransaction.com or talk to our Payments Expert today  at 888-996-2273 Extension 1.

Posted in Best Practices for Merchants, e-commerce & m-commerce, Mobile Payments, Mobile Point of Sale, Near Field Communication, Point of Sale, Travel Agency Agents Tagged with: consumers, credit card, customer, e-commerce, Loyalty Programs, merchants, mobile, mobile wallets, Near Field Communication, nfc, online, payment, payment processing, Payments Expert, point of sale, POS, smartphone, transactions

THE PAYMENTS EXPERT FOR TRAVEL AGENCIES!

Helping customers protect and safeguard their payment data is one of National Transaction’s top priorities.

Our Payments Expert for travel agencies welcomes your questions, and always glad to give you assistance. We are good at what we do and we value your time.

We offer very valuable services and information to help you with your travel business needs, which saves you time, money & provide insights into your payment logistics.

National Transaction’s Electronic Payments Expert doesn’t sell anything, instead helps you choose wisely and discuss your options.

If you haven’t consulted a Payments Expert for your travel business take the time to seek one out and ask for their professional input.

visit www.nationaltransaction.com today, or call 888-996-2273 Extension 1. The Payments expert for travel agencies!

Posted in Best Practices for Merchants, Travel Agency Agents Tagged with: customers, data, payment, travel, travel agencies, travel business

POS TERMINAL YOUR MARKETING TOOL

Merchants can bring in new customers and encourage repeat business by using their point-of-sale terminal as a marketing tool. A point-of-sale terminal allows you to process payment and accept debit and credit cards, and generate more business by using the right tools.

Customize Receipts – a customized receipt becomes an advertisement. The customer knows where that receipt is from should they want to contact you.

Gift Cards Program – Gift card recipient are likely to spend over the face value of the card. Customers will appreciate simplified gift shopping.

Loyalty Program – Loyalty program makes customers think of your business first and encourages them to come back often to earn a reward.

Referral Rewards – Print an offer to reward referrals, so they can send people to you.

A merchant account is not just an expense by finding the right tool you can generate more income for your business!

visit www.nationaltransaction.com today, or call 888-996-2273 Extension 1

Posted in Best Practices for Merchants, Credit Card Reader Terminal, Point of Sale Tagged with: credit cards, customers, debit, gift Card, loyalty program, merchant account, merchants, payment, point of sale, terminal

CARDLESS ATM

Cardless ATM’s Could Help Push Mobile Wallet Adoption

The mobile wallet will be the payment method in five to 10 years.

Cardless ATM transactions is a great way to introduce smartphones as payments devices. It could help with the adoption of mobile payments and wallets. Mobile Smart Phones will become the piece of plastic and cards will be a thing of the past…

A multinational banking corporation intends to use (NFC) near-field communication for its service. It will let customers leverage NFC technology on their smartphones to authenticate at the bank’s ATM without a debit card.

An NFC cardless ATM transactions could be compatible with Apple Pay which uses NFC technology.

Benefits:

Speedier ATM cash withdrawal takes about 15 seconds without the debit card compared with 60 to 90 seconds with a debit card, whether it’s a chip or magnetic-stripe transaction.

Safer ATM transaction. No physical connection between the phone and ATM, skimming device to intercept the transaction is gone.

The barcode represents the time of day and what terminal the transaction is taking place at. Everything is tokenized.

Cardless ATM transactions are interesting and an appropriate evolution. 

Posted in Best Practices for Merchants, Near Field Communication, Smartphone Tagged with: banking, cards, debit card, Mobile Payments, mobile wallet, Near Field Communication, nfc, payments, transactions

BUSINESS LOANS

Posted in Best Practices for Merchants, Financial Services, Merchant Cash Advance, Small Business Improvement Tagged with: funding, loans, Merchant Processing, merchants, payment

FILLMORE TRAVEL

Posted in Best Practices for Merchants, Credit card Processing, Electronic Payments, Merchant Account Services News Articles, Travel Agency Agents Tagged with: card, credit card, credit card processing, travel, travel agents

COMPLETE DATA PROTECTION

Helping customers protect and safeguard their payment data is one of NTC’s top priorities. Experts agree that a layered approach is the most effective way to combat evolving security threats and unauthorized access to payment data.

Implementation of best practices and the latest protection technology is needed to ensure of cardholder data protection from increasingly complex and evolving security threats.

EMV is a good start to enhance data security with card authentication, cardholder verification, and transaction authorization. But a multi-layered security approach that includes encryption and tokenization provides complete data protection to both merchants and their customers.

EMV alone is not enough because EMV authenticates the validity of the card and the cardholder, but it does not secure the data. With encryption and tokenization without EMV, as a merchant, you are liable for fraudulent transactions. Encryption and tokenization are a process or system to protect sensitive cardholder data but do not authenticate the data.

EMV is a key component to a multi-layered security approach. It secures the payment transaction with enhanced functionality, by combining EMV, encryption and tokenization merchants can have a complete data protection that they need.

Posted in Best Practices for Merchants, Credit Card Security, EMV EuroPay MasterCard Visa Tagged with: card, cardholder, customers, data, data protection, data security, EMV, encryption, merchants, payment, payment transaction, Security, tokenization, transaction

The No Shopping Cart e-Com

NTC ePay is an easy and effective way to process transactions for any Merchants.

National Transaction creates a custom link for your business, which you will use to send your customers an Electronic Invoice. Once your customer received the invoice, they will click on the link and pay the amount on the invoice. 

The customer is required to agree to your Refund Policy, Privacy Policy, Timing and Delivery Policy before they can pay the invoice, this will protect you in a case of a Chargeback.

With this system in place, Credit Card information is processed securely. The customer is entering their credit card information without faxing or emailing credit card numbers.

Electronic Invoicing saves time and unnecessary costs. Documents don’t need to be scanned or email, all transactions are processed through the electronic invoice making it easy to keep track of.

Most of our Merchants using NTC ePay are in the Travel Industry, some are into boat Repair Business and Church Ministries. If you want to process securely, save time and unnecessary costs like our existing merchants, check out NTC ePay, The No Shopping Cart e-Commerce Solution!  

Posted in Best Practices for Merchants, e-commerce & m-commerce, Travel Agency Agents Tagged with: credit card, customers, e-commerce, Electronic Invoice, merchants, transactions, travel, travel industry

DRONE FUTURE OF DELIVERY?

If there’s an e-commerce trend there’s also a delivery trend.

Will drone be the future of delivery?

Drone delivery is the next big key to e-commerce.

Place an order, payment is collected from a mobile payment system. Drone goes out to deliver the order.

Drone delivery is a great concept to combine for any retail merchants or company that deals with the public. It represents a new system to connect buyers with merchandise, and quickly. The trend for e-commerce delivery.

Posted in Best Practices for Merchants, e-commerce & m-commerce Tagged with: e-commerce, merchants, mobile, mobile payment, payment, Retail Merchants

E-COMMERCE TREND

E-commerce is a virtual platform, where we can get products and services and make payments through the internet.

E-commerce trend is constantly changing, it is necessary for a merchant to watch out for the upcoming Trends in this industry for a business to success. 

To help boost your conversion rates here are the trends to be followed:

Contextual Commerce – The next big thing in payments and e-commerce. Providing complete description with images and videos to help your customer decide to purchase a product. Customization is an important factor as well to convince about the products or services.

Fast Delivery Shipping – Customer wants to receive the products after purchasing as soon as possible. So Reliable, Timely shipping means a lot.

Mobile Shopping – getting your online store ready for mobile shoppers is not an optional feature, it’s a mandatory part of a strategy.

Multiple Channels For Shopping – optimization is a great experience for shoppers. Having online store presence in different technology gadgets is a must.   

Real Time Analytics –  analyzing consumer behavior based on data entered into a system less than one minute before the actual time of use. Finds out why a customer leaves the store and prevents customer loss.

Virtual Sales Force – Hiring virtual salesforce, utilizing pop-ups and live chat  who will help customers which are similar in a physical store.     

Step ahead out of the conventional methods and adapt prevailing trends by embracing innovation so you can offer something new to your customer.

Posted in Best Practices for Merchants, e-commerce & m-commerce Tagged with: business, consumer, customer, data, e-commerce, internet, merchant, mobile, online, payments