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Shaw Merchant Group
Saturday, May 16 2020

If you run a bicycle shop, you need a versatile and light-weight POS that is as efficient as the man-powered vehicles that you sell. You are going to need to keep track of your inventory, including dozens of parts if you deal in repairs; you're going to need to keep track of sales; and you're going to want to stay ahead of the curve and get a birds-eye-view of all of the processes of your business as well. One way to handle all of these complex details and have all of the analytics that you need right at your fingertips is to employ a simple, high-performance POS like the all-in-one POS system. This is one of the most advanced point of sale systems that you can get for the money, and it is fast, efficient, and high-end both in the realm of software and in the realm of hardware. Let's take a closer look at the different ways that this set-up can benefit your bicycle shop: 

Cash and Cashless

Need something completely integrated and easy-to-use that can handle all sorts of transactions? The all-in-one POS system can deal in cash, as well as debit cards, credit cards, and even checks—and it can do it all in one integrated system. Even if you are a relatively small operation still, there's no need to disappoint your customers by not being able to handle the kind of transaction they need when you can simply use a POS such as the all-in-one POS system .

Analytics and Reporting 

One of the best things about any our POS systems, but especially the all-in-one POS system is how it simplifies and organizes all of the intricate data of your business into very easy-to-read reports. You can access these reports from anywhere, since they are stored locally on your resident machine, as well as on the cloud. Work remotely and keep a handle on the processes of your business even when there is physical distance between you and your employees, and you'll be able to catch and analyze any potential issues before they become problems. You can also keep an eye on sales trends and other data that might help you to make your bike shop more efficient.

Having these sorts of features can save you a fortune on bookkeeping; whenever you need a certain set of data, it's as easy as simply printing it out from the database. Don't worry if your Internet is down, either; thanks to the all-in-one POS system large storage capabilities, you have plenty of room for local files and they will be easily accessible even in the event of an Internet outage.

Customizable

You can customize the software's interface and other features to suit the needs of your particular business. This is a huge advantage, especially when you are running a specialty shop like a bike store. Rather than go with a one-size-fits-all POS, you can build your point of sale system around you and your employees, and this will save you a lot of time.

Track Employees

Time Keeping your employees clock-ins organized is a task in and of itself, and the all-in-one POS system this beautifully. It's important to keep an accurate—and ideally digital—record of when your employees work in order to keep your payroll costs from being unnecessarily exorbitant. In addition, the system keeps the cost of record-keeping itself rather low.

Fast Hardware

The all-in-one POS system has top-of-the-line hardware for a POS, especially for the cost, which makes it a great value. Don't sit there waiting for your system to respond to all of your frustrated button-mashing; get an all-in-one POS system and you'll have some speedy hardware and ultra-responsive software. Your customers will appreciate the quick checkout process, just as you'll appreciate the efficiency. Another nice thing about the all-in-one POS system's form factor is that it is essentially an all-in-one machine, so it takes up very little space. You don't have to make room for a clunky desktop tower or any of those other archaic pieces of hardware, so you can save quite a lot of counter space. It has a very sleek look that would fit in great at any modern, urban bicycle shop.

Interface

One of the great features of the all-in-one POS system is its intuitive touch interface. If you know how to use a tablet computer, then chances are you'll have no problem working with this POS. As mentioned before, this interface is customizable, so no matter what kind of business you have or what stage of growth you're in, you can make this POS match your needs perfectly. In addition, as you business grows larger, you can change the interface to suit your needs, so you won't have to worry dealing with a POS that no longer accommodates you.

Support

You are too busy trying to get people back on the road (or sidewalk, or bike lane, or nature trail) to deal with technical difficulties when it comes to your POS, so the last thing you want to do is to have to tinker with your system when there's a problem. Though the all-in-one POS system is quite robust, chaos exists in the universe, and there are always going to be the occasional hiccups; it's just unrealistic to not expect this to some extent. During those kinds of moments, you don't want a company that's going to leave you to your own doom. You have stuff to do, and you need to get going again immediately, so North American Bancard offers 24/7 support for their all-in-one POS system, as well as for their other systems.

While getting set up and keeping things running is usually intuitive enough to not require any intervention on their part, it's nice to know that they're there if you ever need them.

You opened your bike shop to help get your customers moving; a all-in-one POS system will help get your business moving faster, more efficiently, and with the kind of reporting and analytics that you need. If you want a POS that has everything—and includes all of the support you will ever want—give the all-in-one POS system a try.

Posted by: SMG Admin AT 05:29 pm   |  Permalink   |  Email

If you're looking to start a career as a credit card processing agent and begin selling merchant services, you're in luck. The demand for merchant services is on the rise as more and more businesses are moving towards accepting credit and debit card payments. This presents a great opportunity for individuals who are looking to start their own business or work in sales.

We will discuss what it takes to become a credit card processing agent, the steps you need to take to get started, and some tips on how to be successful in this industry.

What is a Credit Card Processing Agent?

First, let's define what a credit card processing agent is. A credit card processing agent, also known as a merchant services agent, is a salesperson who works with businesses to set up credit card processing services so that they can accept credit and debit card payments from their customers. These agents work with payment processing companies to provide businesses with the equipment and services they need to process card payments.

Becoming a credit card processing agent can be a lucrative career choice, as many businesses are willing to pay a commission for each new merchant account that is set up. This means that the more accounts you are able to sign up, the more money you can make.

Steps to Becoming a Credit Card Processing Agent

1. Research the Industry: Before you dive into becoming a credit card processing agent, it's important to do your research on the industry. Understand how credit card processing works, the different types of services that are offered, and the major players in the industry.

2. Obtain the Necessary Licenses and Certifications: In order to become a credit card processing agent, you may need to obtain certain licenses and certifications depending on the state you plan to operate in. Check with your local government to see what is required in your area.

3. Find a Payment Processing Company to Partner With: The next step is to find a payment processing company to partner with. Look for a company that offers competitive rates, reliable service, and good customer support. Some well-known payment processing companies include Square, PayPal, and Stripe.

4. Set Up Your Business: Once you've partnered with a payment processing company, you will need to set up your business. This may involve creating a business plan, registering your business with the appropriate government agencies, and setting up a business bank account.

5. Develop a Sales Strategy: As a credit card processing agent, your main job will be to sell merchant services to businesses. Develop a sales strategy that outlines how you will find and approach potential clients, how you will pitch your services, and how you will close deals.

Tips for Success as a Credit Card Processing Agent

1. Build Relationships: In the world of sales, building relationships is key. Take the time to get to know your clients, understand their needs, and provide them with personalized solutions. This will not only help you close more deals but also build a loyal customer base.

2. Stay Up to Date on Industry Trends: The payment processing industry is constantly evolving, with new technology and regulations being introduced all the time. Stay up to date on industry trends and be proactive in adapting your sales strategy to take advantage of new opportunities.

3. Provide Excellent Customer Service: Once you've signed up a client, it's important to continue providing them with excellent customer service. Be responsive to their needs, address any issues promptly, and go above and beyond to ensure their satisfaction.

4. Network: Networking is an important part of building a successful career as a credit card processing agent. Attend industry events, join networking groups, and connect with other professionals in the field to expand your reach and generate new leads.

5. Set Realistic Goals: Set realistic goals for yourself in terms of the number of merchant accounts you want to sign up each month, the amount of commission you want to earn, and the growth of your business. By setting specific goals, you can track your progress and stay motivated.

In conclusion, becoming a credit card processing agent can be a rewarding career choice for individuals who are looking to start their own business or work in sales. By following the steps outlined in this guide and implementing the tips for success, you can set yourself up for a successful career in the merchant services industry. Good luck!

In the competitive world of merchant services, offering white label payment processing solutions can be a game-changer for building your Merchant Services ISO (Independent Sales Organization) business. White label payment processing allows you to rebrand and resell payment processing services under your own company name, giving you the opportunity to offer a wide range of payment solutions to your clients without the need to invest in developing your own technology. In this article, we will explore the benefits of using white label payment processing to build your Merchant Services ISO and how it can help you grow your business.

1. Expand Your Service Offerings: One of the key benefits of using white label payment processing is the ability to expand your service offerings without the need to invest in developing your own payment processing technology. By partnering with a white label payment processing provider, you can offer a wide range of payment solutions to your clients, such as credit card processing, mobile payments, e-commerce solutions, and more. This allows you to meet the diverse needs of your clients and attract new business by offering a comprehensive suite of payment processing services.

2. Enhance Your Brand Visibility: White label payment processing allows you to rebrand payment processing services under your own company name, logo, and branding. This not only enhances your brand visibility but also helps you establish credibility and trust with your clients. By offering white label payment processing solutions, you can position yourself as a one-stop shop for all of your clients' payment processing needs, building brand recognition and loyalty in the process.

3. Increase Revenue Opportunities: By offering white label payment processing solutions, you can create new revenue streams for your Merchant Services ISO business. You can earn revenue through client onboarding fees, monthly processing fees, and other related services. Additionally, white label payment processing allows you to set your own pricing and margins, giving you the flexibility to tailor your pricing strategies to maximize profitability.

4. Streamline Operations: White label payment processing can help you streamline your operations by consolidating your payment processing services under one provider. This simplifies the management of your merchant accounts, reduces administrative overhead, and allows you to focus on growing your business. By partnering with a white label payment processing provider, you can access a range of tools and resources to help you manage your client accounts more efficiently and effectively.

5. Improve Customer Satisfaction: Offering white label payment processing solutions can help you improve customer satisfaction by providing your clients with a seamless and reliable payment processing experience. White label payment processing providers typically offer robust customer support services, advanced reporting tools, and fraud protection services to help you meet the needs of your clients. By offering high-quality payment processing services, you can enhance your reputation as a trusted advisor and build long-lasting relationships with your clients.

6. Stay Competitive in the Market: In the fast-paced world of merchant services, staying competitive is crucial to the success of your business. By offering white label payment processing solutions, you can differentiate yourself from your competitors and stand out in the market. White label payment processing allows you to provide innovative and customizable payment solutions to your clients, giving you a competitive edge and helping you attract new business in a crowded marketplace.

In conclusion, white label payment processing can be a valuable tool for building your Merchant Services ISO business. By expanding your service offerings, enhancing your brand visibility, increasing revenue opportunities, streamlining operations, improving customer satisfaction, and staying competitive in the market, white label payment processing can help you grow your business and achieve long-term success. Consider partnering with a white label payment processing provider to take advantage of these benefits and take your Merchant Services ISO to the next level.

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Become a Merchant Services Representitive

Becoming a merchant services representative involves several key steps. First, it is important to gain a deep understanding of the merchant services industry, including payment processing technology, pricing structures, and industry trends. Obtain relevant certifications and licenses required to work as a merchant services representative. Develop strong sales and negotiation skills to effectively pitch merchant services to potential clients. Build a solid network of contacts within the business community to generate leads and referrals. Establish relationships with payment processing companies and financial institutions to offer a variety of payment solutions to merchants. Provide excellent customer service and support to retain clients and build a positive reputation in the industry. By following these steps diligently and staying informed about industry developments, you can successfully become a merchant services representative.

To succeed as a merchant services representative, it is crucial to understand the needs and challenges of businesses looking for payment processing solutions. Tailor your sales pitch and value propositions to address these specific needs and demonstrate how your services can benefit merchants. Develop a comprehensive understanding of the different types of payment processing solutions available, such as POS systems, online payments, mobile payments, and more. Stay up to date with industry trends and innovations to offer cutting-edge solutions to clients. Build a strong online presence and leverage digital marketing strategies to attract and engage potential clients. Cultivate long-term relationships with merchants by providing ongoing support, troubleshooting, and guidance throughout the payment processing journey. With dedication, expertise, and a customer-centric approach, you can establish yourself as a successful merchant services representative in the competitive payment processing industry.

    ©2023 Shaw Merchant Group is a registered DBA of EPX, a registered ISO of BMO Harris Bank N.A., Chicago, IL, Fresno First Bank, Fresno, CA, and Citizens Bank N.A., Providence, RI.