EMV Card Image

Why Do You Need An EMV Payment Solution?

Customers expect convenience. They also expect to be able to complete transactions using their preferred payment methods. That’s why many businesses are looking for reliable ways to accept debit and credit cards. If you only take cash, then you could be missing sales.

A payment gateway needs to be three things: accurate, reliable, and secure. The CHARGE Anywhere Mobile Payment Solution makes it possible to process EMV transactions from almost any location.

3 EMV Benefits You Need to Know About

EMV technology has caught on. When a customer inserts their chip card for payment, the terminal and chip will “talk” to one another to authenticate the transaction. Unique data is produced and transmitted for that single transaction only.

Magnetic stripe cards, on the other hand, are not as secure. The card only tells the terminal its number and expiration date. This makes the magnetic cards much easier to counterfeit. The chip, on the other hand, provides several benefits and protections for consumers and businesses, including:

  • Reduced Fraud Loss – A secure card means less loss due to fraud. Countries that have implemented chip cards have reported a dramatic reduction in instances of face-to-face credit card fraud. As more U.S. businesses begin adopting the technology, thieves will start looking for those that don’t keep up because they are an easier to scam.
  • Higher Customer Satisfaction – Customers want to feel confident about your business. If they know you accept secure chip cards, they will be more likely to come back. It’s also a good way to get new business or to attract travelers who may be reluctant to pay without the added layer of protection.
  • Convenient Payment Options – Wireless EMV payment systems can be used anywhere. It’s an appealing option for businesses that participate in off-site events or who travel to customer locations to make sales.

Who Should Use the CHARGE Anywhere Payment System?

If you need to accept secure payments from more places, then CHARGE Anywhere is for you. The system is ideal for merchants that want to sell goods or services at multiple locations. Those who operate in the following industries will appreciate the flexibility of mobile EMV payments:

  • Retail
  • Taxi or limo services
  • Towing service
  • Contractors
  • Delivery services

Are You Using CHARGE Anywhere?

CHARGE Anywhere gives your business the security and reliability it needs to grow. Our system is PCI compliant. Updates and downloads can be done over the air, so you always have the most recent technology at your fingertips.

Accept EMV chip cards and reduce the risk of chargebacks and fraud. The reader includes a user-friendly mobile app that will turn your smartphone into a payment gateway. Contact us today to learn more about accepting EMV payments with CHARGE Anywhere Mobile Payment Solution.

Have You Applied for a CBD Merchant Account with Instabill Yet?

The popularity of CBD oil is growing. This compound is derived from hemp plants. It offers anti-anxiety and anti-inflammatory properties that make it ideal for treating a wide range of conditions. It doesn’t contain large quantities of THC, the psychoactive substance found in marijuana.

Despite its medicinal focus, CBD merchants are still considered high risk by financial institutions. That is because it is made from hemp plants. The possession and sale of such plants is still illegal at the Federal level which makes some banks nervous about providing services to businesses who sell CBD products. The good news is that Instabill offers a viable solution that’s affordable and secure.

Why Use Instabill for Your High-Risk Merchant Account?

Instabill understands the challenges and is prepared to provide financial services that cater to the needs of high-risk businesses. Payment processing is a normal part of any company. When you limit the ways you can accept payments, you also limit your customer base. Expand your capabilities, and you’ll attract more business.

Many companies already trust Instabill for their merchant account services. The platform was named among the best CBD oil merchant account providers by industry analyst CardPaymentOptions.com. Other experts have praised Instabill for providing one of the best solutions when working with offshore and high-risk merchant account providers.

Instabill provides many money-saving benefits, including:

  • Expands your ability to accept different forms of payment
  • Includes advanced fraud protection to increase security
  • Includes chargeback protection to minimize loss
  • Experience working with CBD businesses

How Do I Apply for a CBD Merchant Account with Instabill?

The first step to obtaining your CBD merchant account is to talk with a representative. Get in touch with us, and we’ll get the process started. Instabill provides services to e-commerce businesses only at this time. You will need:

  • Bank statements for your business from the previous 4 to 6 months
  • To bring in at least $1,500 per week in payment processing
  • If you are a startup, you will be required to pass a vetting process

Instabill offers competitive rates to help you keep more of your hard-earned profits. Merchant account fees will vary based on factors relating to your business. Items considered include your processing history, projected sales volume, and type of industry. The fees usually include a per-transaction fee, chargeback fee, refund fee, monthly gateway fee, monthly statement fee, and a merchant discount fee. Speak to a representative to find out what fees will apply to your CBD merchant account.

When Will I Know If I Am Approved for My CBD Merchant Account?

The time required for approval can vary. Most have a response and credit card processing setup within 5 to 15 days when all supporting documentation is supplied. Get started now so you can complete setup as soon as possible. It is possible for CBD businesses to get approved for merchant accounts. Contact us today to learn more.

Yes, You Can Get a Merchant Account for Your Kratom Business

Kratom is one of many industries that face difficulties when it comes to obtaining business financial services. Even though this tropical tree can be used to help treat opioid withdraw, chronic pain, and mood disorders, it is still under scrutiny from the FDA. As a result, kratom businesses are considered a high risk by banks. The good news is that there are options available that will allow you to operate your business legally and effectively.

Opening Your Kratom Merchant Account

We work with Instabill to help you find the best financial solution for your Kratom business. Instabill maintains a network of acquiring offshore banks as well as other financial solutions that cater to high risk industries. Applying for an offshore Kratom merchant account will require three to six months of payment processing statements that show total sales, company name, chargebacks, and refunds. You will also need to provide three months’ worth of banking statements for your business.

Only offshore solutions are offered at this time. No domestic payment processing is available for Kratom. Instabill provides all clients with a dedicated account manager. They can provide information and updates on financial products and recommend the best option for you.

How Long Does It Take to Get Approval for a Merchant Account?

The length of time required to establish your account will vary. Factors like payment processing history, country registration, and financial details can affect the process.

Once Instabill receives all supporting documentation and related material, your credit card processing service can be set up within 10 to 14 days. Kratom sellers should get started now to begin the process and take the next step in growing their business.

Benefits of Opening Your Kratom Merchant Account

Attempting to open a merchant account can be intimidating for some business owners. The good news is that Instabill makes it as easy as possible. Why should you consider applying today?

  • Firms Understand the Risks of Your Industry – High risk merchant account providers understand the risk that comes with this type of financial solution. While other firms may be quick to close your account due to excessive chargebacks, high risk merchant accounts are designed to deal with this kind of problem.
  • Improved Security Strategies Are Already in Place – Due to the nature of the account, improved security strategies are put in place. These methods are often capable of identifying theft early in the transaction. This will also defend your business from potential scammers.
  • Your Opportunity to Expand Your Reach – Offering more payment options like credit card processing is a great way to attract new customers. You can tap into markets you may be missing now and make your business more attractive to more consumers. It also strengthens your company’s overall reputation within your community.

Financial services are available to the kratom industry. Contact us now to learn how you can get a high risk merchant account for your business.

Strategic Funding Makes It Possible to Fund Your Business

Many high-risk and small businesses face big hurdles when it comes to funding. Without the necessary resources, your operation may stagnate. Traditional methods may not be accessible to everyone. Strategic Funding has created an opportunity that can help companies find the working capital they need quickly and with fewer obstacles.

Who Is Strategic Funding?

Strategic Funding is a New York City-based finance company that was founded in 2006. They work with businesses across hundreds of industries and at different stages of growth. Their commitment to providing the best solutions possible has earned them a place among the most reliable and trusted small business financiers.

Their current client base encompasses organizations within a broad range of industries including agriculture, hospitality, real estate, athletics, technology, insurance, spas, garden centers, funeral homes, florists, dentists, gift shops, and others. The Strategic Funding team focuses on providing service that is transparent and fair. They have served over 25,000 small businesses, 50% of which become repeat customers.

What Loan Options Are Available to My Business?

Strategic Funding can approve clients for anywhere from $10,000 to $1,000,000 in working capital. Those dollars can be used to renovate facilities, expand, purchase more inventory, or stretch marketing campaigns. Two programs are currently available:

  • Revenue-Based Financing – This program provides funding within five business days and includes expedited underwriting. There’s no interest rate or fixed monthly payments. The client pays a percentage of daily card receipts so that the payments stay in line with their sales. No personal collateral is required.
  • Small Business Loans – This program provides short-term, unsecured loans that the client repays with an automated fixed daily debit. No credit card processing is required, and the guidelines are less stringent compared to traditional financing methods. Payment options are based on geography and industry.

The Benefits of Using Strategic Funding

Strategic Funding provides answers that can’t be found through traditional lending options. Along with flexibility, the dedicated team provides excellent service with integrity. Other benefits include:

  • Easier approval process that takes less time than many other financing programs
  • Less strict guidelines that help businesses get funding with terms that work for them
  • Multiple programs available that are tailored to different business needs
  • Many clients receive same-day approvals

How Do I Apply for Financing Through Strategic Funding?

If your business could use $10,000 to $1,000,000 in working capital, Strategic Funding may be able to help. Contact us today to find out how to get started with the application process. You could be approved for the money your business needs in 24 hours or less.

Local Payment Processing in More Places with South West POS Technologies & Instabill

Local Payment Processing in More Places with South West POS Technologies & Instabill

Our partnership with Instabill has brought our clients a list of affordable financial services. Now, you can utilize local payment processing across multiple countries or regions. That means more of your customers can pay with their MasterCard, Visa, or American Express.

What Convenient Payment Options Does for Your Business

There was a time when people paid with cash almost exclusively. Things have changed a lot in the last few decades. Now, people rely on their debit and credit cards more than the cash they used to carry in their wallet.

Payment processor TSYS conducted a survey in 2017 that included 1,000 consumers. The results found that 33% preferred credit cards and 44% preferred debit cards. Only 12% chose cash as their preferred payment method.

Despite the obvious preference, many small businesses still only accept cash. While it can make things easier when it comes to managing funds, it will inevitably lead to lost sales. Some people choose to not carry money around with them, relying entirely or mostly on their cards. By expanding your payment options, you will be opening up your doors to those people while making the experience more convenient for all customers.

Offering a familiar form of payment can also help build trust among consumers. Accepting all or most of the popular payment methods will send a message that your business is up-to-date and invested in customer convenience and satisfaction.

Benefits of Using Instabill to Accept Payment

Using Instabill will immediately introduce several benefits to your business, including:

  • Quick Integration with Minimal Downtime – Setup is easy and requires minimal downtime. You can introduce this powerful tool to your company using a one-time integration with the partner platform. Get your new payment processing service up and running so you can start using it sooner.
  • Increased Potential to Earn Revenue – As soon as you begin accepting more payment options in more places, you will grow your potential to earn revenue. Instabill has reached new markets, giving you the opportunity to increase your customer base.
  • Expansion into New Markets – Instabill bridges the gap between you and places where accepting payment was previously challenging. Choose your target market and preferred payment methods like UnionPay, JCB, or Alipay.
  • Accept Form of Payments Customers Recognize – Customers are more willing to buy when they can pay with a service that they recognize. Instabill works with local payment systems so you can build confidence in potential customers.

Where Can I Accept Payment with Instabill?

Instabill’s reach is broad and includes several up-and-coming markets that could make a huge difference in your profits. The system currently supports payment processing through:

  • Europe
  • Latin America
  • Asia Pacific
  • Middle East
  • Russia

Each region includes a long list of accepted payment services. Contact us to find out if a service you would like to accept is included or to learn more about how Instabill can grow your business.

Does Your Business Use ACH Payment Processing?

ACH (Automated Clearing House) is a payment processing method that every business should utilize. Transactions are completed electronically, allowing merchants to deduct amounts owed directly from a customer’s bank account.

What Happens When I Receive an ACH Payment?

ACH payments are favored by vendors because they save time and do not come with interchange fees. No documents or check numbers have to be exchanged. It’s a straightforward process that’s secure. What happens when you receive an ACH payment?

  1. First, preauthorized permission is provided by the customer in a verbal, written, or electronic format. This allows the merchant to process the transaction.
  2. Next, a batch file transmission, virtual terminal, or payment gateway is used to convert the payment into an ACH transaction that is sent to the payment processor.
  3. The processor presents the transaction to the customer’s financial institution to debit the funds.
  4. The ACH payment process usually takes anywhere from three to seven days to complete. Recent changes made by the National Automated Clearing House Association (NACHA) have introduced same-day payments.

The Benefits of Using ACH Payment Processing

More businesses are discovering the benefits of using ACH payment processing. The system connects the vast majority of financial institutions operating in the United States. As the world of ecommerce expands, so does the reach of ACH processing. Those who introduce this payment method find that:

  • It is more convenient than processing paper checks
  • It’s cost-effective making it a viable payment option
  • Businesses can reduce the cost of postage and envelopes
  • It can be set up to deduct recurring payments automatically
  • It’s secure and reliable, preventing the theft of checks or credit cards

Why Should My Business Use ACH Payment Processing?

It can be challenging to keep up with changes in the financial industry. As a business owner, it’s vital to know what’s available to you to better serve your customer base. If you do not currently offer ACH payments, now is the time to look into it. You could be missing out on valuable benefits and more business. Why should you start accepting ACH payments?

  • Same-Day Payments Exist, and Customers Love It

Most customers prefer to have debits deducted from their bank account as soon as possible. It’s much easier to keep track of balances when you don’t have transactions in limbo, already processing but still not deducted.

Same-day ACH payments were rolled out in September 2016. It started with credits and transactions of under $25,000 between U.S. banks. Phase two was introduced the same month the following year and expanded the program to allow merchants to withdraw funds the same day. Phase three went into effect in March of this year and requires banks to deposit ACH funds by 5 pm the same day.

  • A More Affordable Payment Processing Option for Any Business

Credit cards are convenient but come with fees. ACH costs less for the merchant. There are fees for transactions. However, businesses do not have to pay interchange fees. Interchange fees are the amount paid by the acquiring bank to the issuing bank for the transaction. This makes up the majority of credit card processing costs.

  • ACH Payments are Secure for Customers and Merchants

Security is a big concern for businesses and customers these days. Technology makes life easier, but it also presents opportunities for thieves. While there is no 100% safe form of payment, ACH transactions come with protections like merchant-specific registration, micro validation, and encryption.

How Do I Start Accepting ACH Payment

Getting started with ACH processing is easy with the help of South West POS Technologies. Contact us today to learn more about fees, benefits, and setting up this in-demand payment method.

Stay Organized and Exceed Customer Expectations with Harbortouch Reservations

Many restaurants offer reservations. This service is convenient for customers but adds work for employees. If your staff cannot find a reservation when a call-ahead party arrives, it could start the entire interaction off on the wrong foot. Harbortouch Reservations is designed to ensure that everyone who makes a reservation enjoys a hassle-free visit.

How Does Harbortouch Reservations Work?

Instead of pen and paper or using a separate system, you can switch to the streamlined features of Harbortouch. Your data is gathered together in one place – including reservations. Staff can manually manage and enter customer details quickly and with less searching. The interface is designed for maximum efficiency. Online booking is supported so that customers can make a reservation on their own without calling.

Upcoming reservations can be viewed on a monthly calendar. Staff can narrow down the list to a specific night. Find out who is waiting for a table or who will arrive soon. Table layouts are also built in so employees can figure out which tables are open at a glance.

Instead of shouting names in a crowded lobby or waiting area, you can rely on Harbortouch Reservations to send a text message alert to let the patron when their seats are available. This also presents an opportunity to build a customer database that can save time and help you provide better service to repeat patrons.

The Benefits of Taking Reservations

When managed effectively, reservations can increase your profits and customer satisfaction. Why should you consider giving Harbortouch Reservations a try?

  • Increase efficiency that can lead to more table turns each business day
  • Improved customer convenience, especially for bigger parties
  • Saves the customer the time it takes to make a phone call when booking online
  • Better control over reservations can prevent overbooking
  • Gathers data to help you make decisions about your business
  • Accept reservations for future dates, even when your business is closed
  • Cut down on wait times through better reservation management
  • Find out if parties are celebrating an event before they arrive, so employees are prepared

Start Taking Reservations Now with Harbortouch POS System

Reservations is a feature that comes with the Harbortouch POS system. You can manage all aspects of your business within one platform. Minimize the workload for staff and never miss an opportunity to make a sale. The system is equipped with modern features and a user-friendly interface. There’s no extra fee for using Reservations when you switch to Harbortouch.

How much business is your restaurant missing by not taking online reservations? Many people use the internet to access local businesses. Become one of your community’s preferred establishments by incorporating advanced technology into your operation. Contact us today to learn more about how Harbortouch Reservations can help your business grow.

Harbortouch Brings You Faster Delivery Orders with Integrated Caller ID

Harbortouch POS offers integrated caller ID that will change the way you handle delivery orders. Businesses in the food service industry are always searching for ways to improve the customer experience. This is especially true when working in saturated markets with lots of competition. Make your company the brand locals prefer with the help of integrated caller ID.

Customer Information Available the Instant You Pick Up

Years ago, all customer information had to be gathered every time an order was placed. That was the case whether you were speaking to a new or repeat patron. Now, you can make the ordering process as hassle-free as possible with caller ID.

As soon as you pick up the phone, the system will display details about the caller. Profiles for existing customers will be instantly retrieved, so you have them ready to go. If a new customer is on the line, you can easily create a profile for them in a matter of seconds.

Faster Delivery Service Thanks to the Phones

Caller ID is an effective way to shave seconds or more off of your order taking average. The faster your employees work, the more customers you can serve. Harbortouch POS makes it possible to do this without lowering quality or accuracy.

When a repeat customer calls, your employee can review their information. This will eliminate the need to write down addresses, phone numbers, and names. It also gives the employee a snapshot of the customer’s history. They can suggest items the customer likes or identify potential upselling opportunities when those items are on sale.

New customer orders take a little more time, but not much. The system provides all the spaces needed to record important data, like names and addresses. This is easier (and less wasteful) than using pen and paper. The next time your new customer calls in, their experience will be streamlined thanks to their built-in profile.

How does fast ordering with caller ID benefit your business?

  • Improves order accuracy compared to handwritten tickets
  • Builds a searchable customer database with order history
  • Increases overall customer satisfaction
  • Increases employee efficiency
  • Reduces paper waste

Caller ID Integration with Harbortouch POS

Harbortouch POS makes it easy to integrate caller ID into your system.  We provide the equipment, and you decide which station needs it. That way, areas that do not take phone orders will not be affected. Each station can operate normally and with all the tools and information needed to give your customers the best experience possible.

We currently offer three options with integrated caller ID. Chose from two, four, or eight lines, depending on your projected call volume. Small businesses may only need two lines while busier establishments can opt for eight.

Contact us today to learn more about integrated caller ID and other profit-boosting features included with Harbortouch’s point of sale system.

Need a High Risk Merchant Account for a Collection Agency? We Can Help!

Debt collection agencies need a reliable credit card processor. This service is hard to find due to the way banks view the recovery business. Some turn to platforms like Paypal or Stripe, which can work. However, you are in danger of chargebacks and monthly limits that could trigger a freeze on your account.

Why Are Collection Agencies Considered High-Risk Merchants?

The primary reason for the high-risk label placed on debt collectors is chargebacks. This industry sees a high number of this type of activity. Another issue lies with regulations. There are a lot of rules that come with debt recovery, and some firms do not operate by them. This can lead to legal problems that tarnish the reputation of the industry as a whole.

Let Us Introduce You to Instabill for Debt Collectors

We have partnered with merchant service provider Instabill to bring you reliable options for your business. Enjoy all the benefits you need to build a profitable business with less risk. Our partnership will bring you:

  • Secure Global Payment Processing

Get fast, secure payment processing that works almost anywhere. Instabill maintains a network of acquiring banks that lets them offer merchant services for a wide range of industries across the globe.

  • Accept Many Forms of Payment

Make it easier for debtors to pay what they owe by accepting more forms of payment. Instabill accepts all major credit card brands as well as Discover, Electron, Diners Club, China UnionPay, and JCB.

  • Better Fraud Protection

Fraud protection is essential in the debt collection industry. Merchant accounts are protected using a number of methods including MaxMind Fraud Protection, Secure Sockets Layer (SSL) certificates, 3D secure payment processing, and refund and chargeback mitigation.

Is My Collection Agency Eligible for a Merchant Account?

Instabill is an effective solution for different agencies. You may be eligible for a full-featured merchant account. See below for eligibility details.

  • Offshore Collection Agencies

Startup offshore collection agencies are approved on a case-by-case basis. Three months of business banking statements or a business bank letter are required. Instabill will also accept three months of personal banking statements.

If you are an established offshore debt collector, you will need to provide three to six months of payment processing history and statements. The statements must include the company name, total sales, returns, refunds, and chargebacks.

  • Domestic Collection Agencies

Domestic debt collection agencies must provide a valid owners identification, completed application, bank business letter or voided check, documents of incorporation, and at least three months of business banking statements.

Virtual terminal and check solutions are also available from Instabill. You will be required to provide a valid ID, articles of association, voided check or business bank letter, and the completed application.

Apply for Your Collection Agency Merchant Account Today

Getting approval for a merchant account may be easier than you think. Contact us by phone at (619) 202-4862 today to learn more or begin the application process.

7 Harbortouch Checkout Benefits for Your Retail Business

Harbortouch Checkout combines modern technology with your business’ point of sale. This is a vital stage in your customer’s experience. They expect speed, accuracy, and convenience. Checkout provides all of those things by supporting your staff with easy-to-access information, quick functions, and a reliable system. Why should you consider installing Harbortouch Checkout in your store?

  1. Reports Are Automatically Compiled

There’s no need to write down or type out data for the day. Harbortouch Checkout keeps track of all transactions and activities. The system automatically stores and compiles data so you can generate meaningful reports that help you sell more.

  1. Hybrid Cloud System Protects Your Data

What would you do if something happened to your business’ computer system? With Harbortouch Checkout, you don’t have to do anything. Hybrid cloud technology ensures that your data is safe no matter what happens to the hardware at your store. Redundant backups prevent a loss of the information that keeps your business running.

  1. Makes Time Clock and Shift Scheduling Simple

Harbortouch handles much more than checkout. Schedule shifts and manage time clock punches digitally. It’s all built-in, so you don’t have to juggle a second system. Doing it through your POS improves accuracy and saves time when calculating payroll.

  1. Discount Products the Way You Want To

Entice customers by offering special promotions and discounts. Harbortouch Checkout is equipped to handle deals for your customers. Provide an automatic discount or set a time and date to encourage customers to shop during specific hours or periods.

  1. Track Commissions for Accurate Payouts

If you pay your employees commissions, then you’ll love Harbortouch. The system is designed to handle this type of payment. Each sale is recorded. Commissions are determined based on the information you provide. Make sure everyone gets their fair share and track the overall success of your sales team.

  1. Supports Loyalty Programs That Customers Love

Customers love loyalty programs. Harbortouch Checkout supports these incentives so you can encourage repeat business. Provide reward points that add up to special savings, gifts, and more. You choose the threshold so that you know you’re selling enough to cover the offer and profit. You get more sales that are tracked in detail, and your customers feel appreciated!

  1. Know Your Inventory without Constant Counting

Long ago, the only way to keep track of inventory was to count it by hand and manually write down the totals. Harbortouch helps you stay on top of stock with automatic tracking. Input your stock levels, and the system will track the ebb and flow of your inventory. It will also provide notifications when you are low on an item so you can reorder before stock runs out.

Find Out What Harbortouch Checkout Can Do For Your Retail Business

Are you ready to find out how Harbortouch Checkout can help your business thrive? The POS system provides ways to increase sales and customer satisfaction while making it easier to run your operation. Contact us today to learn more or request a 30 day trial.