Big cities each have their own unique traits, and in one as large as NYC, there are enough of them that they make significant impacts on how business is done. There are local regulations, business expectations, and demands that may not exist halfway across the country. For this reason, it’s a good idea to deal with local B2B providers whenever possible.
A Local Processor Knows You Need Your Money Fast
Hardly anyone thinks of “fast” as a relative concept – until they run into someone with a different idea of what qualifies for the term! Then, misunderstandings result that leave one party frustrated and the other feeling needlessly rushed. Instead of arguing over the meaning of a “New York minute,” deal with an actual New Yorker. He’ll know exactly what you mean when you say you want your transactions to settle fast. One such processor, BAMS, even puts it in writing: Your transactions will settle the very next day.
Local Businesspeople Interact in Familiar Ways
This is something that might not cross someone’s mind unless they’ve had to try to get a point across to someone who grew up in California, Texas, or some other state with a culture that’s vastly different from that of NYC. If you deal with a local provider, you won’t have to worry about this aspect. You can just pick up the phone and start conducting business without any unnecessary friction.
To learn about why you should choose BAMS in particular for your NYC payment processor, just contact us. We’ll be glad to talk.