October 10th, 2018 by Admin
Life has its ups and downs, and we all know of those times where you feel like giving up. These quotes will you motivated and ready for round two!

 

When you reminisce the past because it was “easier.”
1. Be loyal to your future, not to your past.

 

When people say you are not ready to start a business:
2. You are never too old to start an empire, or too old to chase a dream.

 

When you feel you are not moving in the right direction:
3. The difference between who you are and who want to be is what you do.

 

When the nay-sayers say you are spending too much time on your “little dream”:
4. I would much rather work 16hrs a day for myself, than 8 hours a day working for someone else.

 

When you need to get started:
5. If you want to achieve greatness stop asking for permission.

 

When you are not sure how to stay motivated:
6. Create a vision that makes you wanna jump out of bed in the morning.

 

When you are too scared of trying:
7. You have no idea what you are capable of until you try.

 

When you need to remember why you are doing it:
8. The goal isn’t more money. The goal is living life on your own terms.

 

When you are not sure if you are ready:
9. If you wait until you’re ready, you’ll be waiting for the rest of your life.

When you are ready to make a change:
10. You’re only one decision away from a totally different life.

Posted in Daily Inspiration Tagged with: , , , , , , , , , , , , , ,

October 7th, 2018 by Admin

National Transaction Celebrating 21 years

National Transaction is celebrating 21 years in the business today. Founded in 1997 National Transaction (NTC) purpose is to serve businesses of all sizes with their cash flow with the highest levels of professionalism and care.

This 21 year anniversary would not be possible without our leader, Mark Fravel and we want to take you back to his why and the reason we are still here today.

The beginnings:
Mark, a single parent of 3 beautiful daughters, wanted to provide for their kids without being on the road all the time. And so, with this passion in mind, a desire to serve and commitment to his family, National Transaction was born.

NTC began like many business and passions, with no customers and only one employee but quickly grew and Mark knew that leading with confidence and excellence will drive this business somewhere.

The Present:

Now, NTC often ranks in the top 10 of many data and technology awards. This Excellence has also earned us an A+ rating in the Better Business Bureau.

This 21 years would not be possible without our desire to help a business grow and give them the right tools for their transactions. We love being on the phone with our customers, we love getting to know them and how we can provide our best service.

 

National Transaction at the ASTA Global Convention

The Future

Mark started this with a desire to be a family man, and so, this family feeling has stayed with our company. We treat our team like family, and we are excited about what our future holds the next 21 years.

Thank you for celebrating 21 years of customer service, passion, connection and above all, quality. We will continue to provide you with the best service we know how to give, and we will uphold our promise and mission to make digital transactions reliable and simple to the merchant and familiar to the consumer, reducing the complexity and expense to both.

Thank you for being part of the National Transaction Corporation‘s family.

Posted in nationaltransaction.com Tagged with: , , , , , , , , , , , , , , , , , , , , , , , , ,

May 10th, 2018 by Admin

Over the next three weeks we will explore on this blog some of the reasons why National Transaction Corporation is the preferred choice for travel agents.

The Travel industry is one of the world’s largest industries with a global economic contribution of over 7.6 trillion U.S. dollars in 2016. (Statista)

At NTC we recognize that travel agency payment processing has some unique hurdles to overcome, but we are leveraging our innovation because we want our travel agency partners to explore how our solutions transcend the challenges that travel agents face.

Secure processing is one of the reasons why National Transaction is the preferred choice for travel agents

National Transaction Corporation has Secure Merchant Payment Processing – Because when your customers know their data is safe, they keep coming back!National-Transaction-Preferred-Choice-for-Travel-Agents

You’ve heard of the many data breaches within major corporations that have occurred in just the last few years, when customers’ confidential credit card information is stolen and businesses lose a small fortune in repairing the problem. The cost of such a security breach goes far beyond that, however; once a business has lost the trust of its customers, 60% of those cardholders will go elsewhere for their purchases and services, according to studies on the problem.

Imagine if this happened to your travel agency merchant account? It could be disastrous, especially because agencies tend to deal with high-dollar sales from a moderately-sized pool of customers – so every client counts.

NTC knows that you, like us, care about your customers, and we want your travel agency to be seen as a trustworthy place to book a dream vacation. The first step is for your business to be PCI-DSS compliant.

PCI-DSS (Payment Card Industry-Digital Security Standards) requirements were put in place by the credit card associations to deal with the increasing problem of identity theft and data loss. The requirements vary according to the types and the number of payment transactions your agency goes through, but you can be sure that NTC will help you stay compliant with the latest security standards.

In the event of a data breach, we are here to eliminate the negative impact it can have on your company. NTC may be able to help you with the fines, assessments, and other costs from the networks, and we will consult with you on how to proceed to protect your agency and your reputation.

As you know, data security is as much a concern for the business owner as it is for the cardholder – your customer. When your clients know that their data is safe with you, they will keep coming back to your agency to book their next great trip!

If you cannot wait to read blog number two out of this three part series, feel free to call NTC now at 888-996-2273 to find out the best options for your travel agency!

Posted in Credit card Processing, Credit Card Security, Travel Agency Agents Tagged with: , , , , , , , ,

NTC e-Pay: Payment Solution for Travel Agency
August 24th, 2017 by Elma Jane

Travel agencies are viewed as high-risk merchants. As such, you need a merchant solution that best suits a travel merchant needs.

You want an account that eliminates the complexities of a typical shopping cart. Ideally, it allows you to request payment from clients without the need of setting up booking engines and carts.

This post is going to guide you on how to use a payment solution e-Pay and other merchant solutions to ensure a seamless operation of your business.

Leveraging the NTC e-Pay Service

Payment solution e-Pay allows you to eliminate the complexities of integrating payment processing into your point-of-sale or an accounting system.

With this payment method, you only need to send a payment request to your customers via email. You don’t need to send invoices via snail mail or fax any forms to your customers. Plus, NTC e-Pay doesn’t need you to take orders over the phone.

With this service, you can create a “BUY” button for any transaction amount in seconds. You also don’t need a website to you use this service. NTC e-Pay allows you to generate a digital link that you can email to clients.

The service allows you to customize the process to make everything simple for your customers. After the customer pays the specified amount, a receipt is generated, and the amount is sent to your account.

Tomorrow we are going to discuss on how to understand your Travel Merchant Account….So standby to learn more.

For NTC e-Pay Set Up call Now 888-996-2273  

Posted in Best Practices for Merchants Tagged with: , , , , ,

How Do I Start Accepting Credit Card Payments
August 18th, 2017 by Elma Jane

Before you can start accepting credit card or electronic payments, there are a number of factors to consider. 

You will need to decide on a Point of Sale system. Some Merchant Services Providers require you to use only their equipment.

Some of these systems have expensive equipment costs. Others will provide you with free card readers. Companies offering free equipment may do so in exchange for higher processing fees.

Before you choose a Merchant Services Provider, you should look into how they work those fees.

Understanding Processing Fees

Credit card processing fees have several moving parts, so we aren’t going to dive too deeply into how these fees are determined. We will, however, take a broad overview.

Merchant Services Providers will charge either a flat rate, a percentage, or a combination of the two. This fee is called an interchange rate.

Interchange rates vary between card providers, which is why some sellers don’t accept certain credit cards and why many small companies have minimum requirements for credit card payments.

Some Merchant Services Providers don’t charge a flat transaction fee, however, they usually charge a higher percentage for payments.

Each model has its benefits and disadvantages.

Before choosing a Merchant Services Provider, familiarize yourself with their processing fees. Consider how they will fit with your business model. Are most of your transactions smaller or larger? How much will a free card reader save you?

Weigh every option out before you lock yourself into an agreement.

For Payment Consultation call now and speak to our Payment Consultants 888-996-2273! 

Posted in Best Practices for Merchants Tagged with: , , , , , ,

July 24th, 2017 by Elma Jane

NTC provides customers with multiple options for their online business. Customers can work with one company and one product to satisfy all of their payment needs. This is a great benefit to small businesses and large businesses alike. If you have any questions or would like to set up an account, call now 888-996-2273.

Electronic Invoicing Made Simple with NTC e-Pay 

NTC GIVES.Com allows congregation to accept payments on multiple platforms.

NTC GIVES provide Electronic Payment System for:

Church, funding raising and charity projects.  

Process your Travel Agency Payments for less. Get 100% funding the next day.  

Electronic Payment Processing:

Take payments quickly and securely anywhere and anytime

Transaction can be processed in physical face-to-face, mail order/telephone order or e-commerce environments.

Recurring and installment payments available

Posted in Best Practices for Merchants Tagged with: , , , , ,

May 22nd, 2017 by Elma Jane

Discount Rate: Qualified Mid or Non-Qualified Transactions

Discount Rate – is a percentage of the total sales submitted to the Bank for processing.

Qualified Transactions – are those in which an authorization was obtained electronically, the transaction was settled within the appropriate time frame, and the transaction meets all other requirements imposed by the bank. With qualified transactions you can get the lowest possible discount rate which is the Qualified Rates. The processor determines what transactions are qualified.

Mid-Qualified Transactions – include but are not limited to those transactions where the card is affiliated with a special issuer program or did not meet requirements imposed by the bank processor.

Non-Qualified Transactions – include but are not limited to those transactions where the authorization was obtained by calling a voice or Voice Recognition Unit (VRU) authorization number, the card is affiliated with a special issuer program, the transaction was not settled in the appropriate time frame, or the transaction did not meet the requirements imposed by the bank.

Mid or Non-Qualified transactions may be subject to increased fees and or Discount Rate as determined by the Bank.

If you are a mail order telephone order or e-commerce Merchant, the bank card brands/organizations require additional data elements to be submitted as part of the transaction record in order for the transactions to qualify for the lowest possible discount rate.

For Electronic Payment Set up call now 888-996-2273 or click here NationalTransaction.Com       

 

 

Posted in Best Practices for Merchants Tagged with: , , , , , ,

Tips for preventing funding delays!
May 8th, 2017 by Elma Jane

Tips for preventing funding delays!

If you’re running an unusual transaction and know of it beforehand, let your merchant provider know; sending an invoice in advance can cut processing time.

Make sure to give your most up to date information. Keeping provider in the loop on the fluctuations in your processing volumes will help tremendously, especially as your business grows.

Funding delays are an inconvenience, but being prepared can keep the delay to a minimum. If you keep these tips in mind, you’ll be processing without ever having to worry about delays again.

Flagged, Security and Review Process

Why some merchant accounts hold funds and others do not?

There are a number of reasons:

Underwriting merchant account is ongoing. Imagine a small business convenience store was set up and accidentally enters $1,000.000 should we transfer that or hold it?

One reason is something has gone with that particular business account.

Another reason could be that particular institution’s practices are more efficient than others.

Financial institutions use different payment processing systems, and they are not uniform in their practices. For this reason, some transactions are significantly faster than others.

Though there are other reasons funds get held, the main reason for this occurrence is when a payment is out of the ordinary patterns.

Unusual transactions are any transaction that vary from your typical processing patterns.

If It’s for security, an account will be flag as a way to reduce fraud as well as ensuring no one is using your account.

How do I know if I’m flagged?

Security checks are carried out by processing banks or processor. You’ll be contacted by a loss prevention officer. They’ll provide all details of the hold, including the review process as well as the next steps.

What’s the review process?

The review is simply to verify your transaction before delivering your funds. A typical review is confirming the transaction with yourself as well as your customer’s credit card company. You’ll speak briefly with a loss prevention officer to discuss the transaction. If further review is required, the loss prevention officer may ask you for a copy of the transaction’s invoice.

How can I speed up the process?

For an easy review, make sure to provide detailed documents. When an invoice is asked for, make sure it clearly shows the following:

  • Product Description of Items Sold                                                                          
  • Your Customer’s Name
  • Address
  • Phone Number

For Electronic Payment set up call now 888-996-2273 or go to NationalTransaction.Com

 

 

Posted in Best Practices for Merchants Tagged with: , , , , , ,

Tokenization
May 5th, 2017 by Elma Jane

Tokenization is a powerful security feature that allows a merchant to support all of their existing business processes that require card data without the risk of holding card data and without any security implications, because tokens are useless to criminals, they can be saved by the merchant as they do not represent any threat.

The liability and costs associated with PCI compliance is substantially reduced and the risk of storing sensitive data is eliminated.

Tokenization applies to credit card and gift card.

Merchants set up for the tokenization service receive responses that include a token.

The token generated is not linked to a specific transaction but to a specific card number and the token generated for that transaction will be identical for every use of that card number and merchant.

Furthermore, you can generate a token and save the token with associated information in the Card Manager.

For Electronic Payments with Tokenization call now 888-996-2273

or click here NationalTransaction.Com

 

 

Posted in Best Practices for Merchants, Credit Card Security, Electronic Payments, Payment Card Industry PCI Security Tagged with: , , , , , , , , ,

Ecommerce and Electronic Payment Technology
May 1st, 2017 by Elma Jane

3D Secure Authentication

One of the biggest frustration for e-Commerce businesses has been the risk of chargebacks. If a shopper were to tell their issuers that they did not authorize an Internet purchase with their credit card, the merchant can lose the chargeback and the product.

By using 3D Secure capabilities, merchants get detailed evidence of authorized purchases “authentication data”.

The authentication data, together with an authorization approval gives you a transaction that is guaranteed against the most common types of chargebacks: Cardholder not authorized and cardholder not recognized chargebacks.

3D Secure is a security tool that enables cardholders to authenticate their identity to their card issuer through the use of Visa’s Verified by Visa and MasterCard’s SecureCode services.

3D Secure adds another layer of security to cardholders by preventing fraudulent purchases in an e-Commerce environment and reducing the number of unauthorized transactions.

NTC’s Virtual Merchant users processing transactions in an integrated e-Commerce environment are able to take advantage of this functionality.

3D Secure processing is supported with MasterCard and Visa transactions only. Other card types will process as normal and will not trigger 3D secure processing.

For e-Commerce Electronic Payments set up with 3D Secure

call now 888-996-2273! or click here NationalTransaction.Com 

 

Posted in Best Practices for Merchants, Credit Card Security, e-commerce & m-commerce, Electronic Payments, Visa MasterCard American Express Tagged with: , , , , , , , , ,