Payment Gateways 101: What to Know Before Choosing a Payment Provider

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Payment Gateways 101: What to Know Before Choosing a Payment Provider

We’re not going to sugarcoat it: choosing the right payment processing for your business might be the toughest thing you encounter when setting up shop. And once you’re up and running, ensuring you have the right payment gateway to suit your business only grows in importance.

To make an informed decision, you’ll need to get caught up on the three P’s of payment processing: players, procedures and pricing.

Who’s Involved in an Online Payment Transaction?

There are three main players when it comes to processing credit and debit card transactions, whether you sell online or in person. On one end is you, the business owner. On the other end is your customer. In between are various technology solutions that connect the two of you. read more

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Merchant Loyalty Program

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Merchant Loyalty Program

If you didn’t know, and we apologize if you didn’t because that is on us, we have a Merchant Loyalty Program!

It is nothing fancy. Like our business model, we run our Merchant Loyalty Program the same way, with 100% transparency.

This is how it works!

  1. Merchants click on a unique link that we set you up with or they just call us directly.
  2. The Merchant browses our site and or decides if we are an appropriate fit for them.
  3. The Merchant submits their information and that submission is registered as a referral for you! They can also call us directly saying they were referred by you.
  4. You both are then clients of ours, and then you get paid!

What we like about this program is the long-term partnership that we get to establish with each one of our Merchants. Additionally, our merchants get to see the profits we make on their accounts and their referrals. This transparency removes any doubt that we as a merchant service provider are giving the most honest rates to them and to those that they refer. read more

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Revel POS System

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Overview:

Revel’s point of sale system was birthed in 2010 by CEO Lisa Falzone and CTO Chris Ciabarra. The result of their efforts was a groundbreaking Apple iPad POS. In the fall of 2011, Revel began beta testing with several Bay Area businesses and was successful enough to capture the attention of early-stage venture capital fund DCM, which offered $3.7 million in Series A funding. By October of 2012, Revel announced it had reached profitability in just one short year. Since then, Revel POS has garnered support from investors such as Welsh, Carson, Anderson & Stowe, received a whopping $100 million in Series C funding. In January 2012 Revel was announced as the winner of the Best iPad Business App of the Year Award at the Macworld/iWorld event, beating out the popular Square mobile POS system. More recently, the system received SFBT Tech Awards’ “Best Enterprise Technology” and Business News Daily’s “Gold Award for Top iPad POS Systems.” read more

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