Category: Best Practices for Merchants
February 24th, 2016 by Elma Jane
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
February 23rd, 2016 by Elma Jane
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
February 22nd, 2016 by Elma Jane
For Fast, Affordable Business Loans for all types of Merchants!
Are your looking for
financing? Our lending partner provides small businesses with access to fast and affordable business term
loans.
- Advance Funding of Merchant Processing
- Traditional Business Loans
- Fund Your Business Goal
- Open Business Opportunities
- Flexible Payment Schedules and Low Rates
For more information contact our Loan Specialist at 888-996-2273 Extension 1159
Posted in Best Practices for Merchants, Financial Services, Merchant Cash Advance, Small Business Improvement Tagged with: funding, loans, Merchant Processing, merchants, payment
February 19th, 2016 by Elma Jane
This company is the best. If anyone, especially Travel Agents need to obtain a Credit Card Processing Company, this is the one to go with, ask for Megan. She is the Best!!!! Thank you for all your help….
Travel Agents,Travel,Credit Card Processing,Credit Card,Card
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
February 17th, 2016 by Elma Jane
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
February 16th, 2016 by Elma Jane
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
February 12th, 2016 by Elma Jane
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
February 11th, 2016 by Elma Jane
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
February 10th, 2016 by Elma Jane
National Transaction is a registered MSP and payments provider of US Bank Minneapolis MN. NTC is a global Electronic Payments Provider for thousands of merchants in the USA and Canada and is among MasterCard’s leading partners for growing acceptance of EMV transactions.
The EMV liability shift is part of an overall industry transition in a face to face transaction at the point of sale to provide businesses with more security.
EMV (EuroPay, MasterCard and Visa) is a chip technology embedded microprocessor into credit and debit cards that integrates with payment terminals and provide strong transaction security features at the point of sale.
EMV is one of the security technologies the industry is bringing in, to combat fraud in a payment transaction, including tokenization and encryption.
NTC is committed to educating customers about the need to accept chip payments as well as deploying other security measures to protect against fraud.
NTC currently offers EMV technology through a variety of payments solutions.
Posted in Best Practices for Merchants, Credit Card Security, EMV EuroPay MasterCard Visa, Point of Sale
February 9th, 2016 by Elma Jane
Since the implementation of the EMV liability shift last year, consumers are still unsure whether to dip or swipe their payment cards at the checkout register, and transaction process itself is slower than a card swipe.
As the EMV process continues, can contactless register only help to make checkout process faster? With contactless register checkout only, consumers can just tap and pay with either card or mobile wallet.
Contactless like NFC is now a standard feature in most high-end smartphones, and most EMV-enabled point-of-sale terminals contain the necessary technology to accept contactless payments. So the idea of contactless register checkout only is something to test for some merchants in a certain retail sector.
Posted in Best Practices for Merchants, EMV EuroPay MasterCard Visa, Near Field Communication, Point of Sale Tagged with: cards, consumers, contactless, EMV, merchants, mobile, mobile wallet, nfc, payment, payment cards, point of sale, Smartphones, terminals, transaction