New Director for High Risk Merchant Account Processing Company, CardReady

It was recently announced that Ben Zuckerman has aligned with CardReady to fill the position of Director of High Risk Business. At CardReady, high risk merchant account processing services are provided to customers. Adding a ten year business executive with extensive experience is high risk services will be a great addition to the CardReady team.

President of the company, Kevin Hoehn indicated that, “Ben is a great addition to the team which continues to grow by adding recognized industry leaders. Ben has already demonstrated the professionalism and domain expertise which is important in working with our clients. We look forward to Ben continuing to grow within our organization.”

Important to Get an International High Risk Merchant Account in International Commerce

It is so important to get an international high risk merchant account when exchanging in international business. At MerchantPlus Enterprise Solutions (MPES), there are programs designed to help businesses explore their options and help assist with high risk purchases and complex business scenarios.

President of MerchantPlus, Zachary Smith indicated that, “Clients in our MPES division require unique solutions.” He continues, "We've helped many companies manage complex financial requirements around the globe, and we've been able to build international knowledge and expertise in the process. We're confident we can help other growing companies upgrade their systems and processes so they can spend more time on their core business."

Retailers Hope to Lower Credit Card Payment Processing Merchant Fees

After the settlement between the United States Justice Department and Visa and MasterCard, many retail businesses are trying to find ways to benefit. The retailers are pushing for cheaper transaction fees and less costly credit card payment processing merchant fees. Because American Express did not automatically settle with the Justice Department, a lawsuit must finish before any decisions are final, leaving retailers in limbo.

Retailers are looking forward to the federal regulations on payment processing. Primarily, these businesses just want the costs of the processing to be lowered. Right now, costs can range up to three percent of the purchase, not allowing for much of a profit margin. With the regulations, this may change.

Mobile Phone Terminals Need Account Credit Card High Merchant Processing Risk Services

In a survey last year, it was found that those merchants accepting credit and debit cards through mobile phones were at a significantly higher chance for fraud. Over three thousand attempts at fraudulent purchases were made each month through mobile phones alone. With that being said, it is obvious that account card credit high merchant processing risk services are needed for these types of transactions.

Researchers explained that due to the lack of ability to ensure mobile phone security, it is much easier for hackers to access personal credit card information. Additionally, close to forty percent of these attempts are never acknowledged because of the lack of awareness. Software on the cellular phone is not keeping up with the products and therefore leaving this type of purchasing open for security breaches.

Provide Credit Card Payment Processing Services for Club Members

One company, Ideal Financial Solutions has reported that their IMS division has been doing well. IMS provides customers with credit card payment processing services and information on how to better their business. Additionally, it allows for their club members to receive benefits for shopping in their home neighborhood.

Chief Executive Officer, Steve Sunyich said, "IMS was initially set up to open the door to small business so we could introduce employers to our new Human Resource program www.idealfinancialhr.com. We felt this was a great way to help our club members earn extra income at local business where they are already doing business by helping them reduce their credit card processing costs. The mutual benefit to the merchant, the member, and Ideal creates a rare win/win/win situation." He continued, "The good news is we are seeing a very high level of interest from those who have seen the potential and ease of this opportunity.

Sunyich went on to add, "Job loss is a big problem in our country and card processing fees are critical to any volume business. We see the same perfect storm forming that launched Ideal Financial Solutions as the economy turned." Additionally, "Now, with the economy still troubled and unemployment so high, individuals need income opportunities. IMS provides that and they don't have to buy in to a network. The residual monthly income can add up quickly."

Offshore Credit Card Merchant Account Saves Money

For years now, many companies have chose to outsource as a means of keeping production costs down. However, with the unemployment rate rising, many do not want to seem as though they are taking jobs out of America. However, data is indicating differently. Many companies are choosing to outsource in these harsh economic times to keep their company afloat.

Obtaining an offshore credit card merchant account or outsourcing to cheaper-wage regions, typically in Asia and the Middle East, allows businesses to save tremendously. "In the banking industry, people are still looking to improve their efficiencies, reduce costs, and free up cost and capital," stated director of outsourcing for TPI, Buscher. "For political reasons, some offshore work is being kept quiet, but outsourcing is alive and well in the financial services industry."

Credit Card Payment Processing Services Need Call Centers

BenchmarkPortal has recently named Alliance Data Systems Corporation as a Center of Excellence for its successful call center interactions. Having great credit card payment processing services like a reliable call center is key for a great business.

"Alliance Data consistently demonstrates leadership in call center operational quality and clearly strives to exemplify best practices in all aspects of call center management," Bruce Belfiore, CEO from BenchmarkPortal stated. "We're pleased to award certification to all Alliance Data call centers again this year – their four call centers are truly among the best of the best in the industry."

COO Robert Box stated, "We are honored to be certified by BenchmarkPortal once again in all of our call centers." He continued, “Our re-certification as a Center of Excellence helps us confirm that we are meeting our long-held commitment to provide high-quality customer and client service. As strong believers of continuous improvement, we continue to invest in tools that enable us to better identify opportunities to enhance the customer experience. For example, providing ongoing education to our call center associates only further improves their ability to address a variety of customer inquiries, which in turn, results in a better experience for those customers. We're very proud of our call center associates and delighted that our efforts have paid off now for the fourth consecutive review period."

Credit Card Processing Service Providers Team Up

One of the most well-known credit card processing service providers, Xchanging has renewed another 2-year contract with Global Payments. The two have been working together since 1996 and plan on continuing to do so. A new term of their agreement includes support services, as well as customer support services.

President Steven Beard, from Xchanging stated, "We are proud of our long- standing association with this leading brand that represents quality and premium service around the globe. This renewal illustrates the success of our relationship. We are confident of delivering continuously improving standards of service for efficient and cost-effective claims management for our customer and look forward to a long association with them".