Tag: Local Merchant Service Provider

Fast access to cash is crucial for all types of businesses, and the smaller the business, the more important it is. But the traditional funding process often sees merchants wait three business days, or occasionally even more, before getting access to the money from their sales. Next day funding offers a solution to that problem […]

Toast POS is one of the most popular point-of-sale systems in the restaurant industry. It’s known for feature-rich and easy-to-use software and a wide variety of hardware options. But while Toast POS is both highly capable and user-friendly, it does have some notable drawbacks, including the cost of payment processing and dependence on proprietary hardware. […]

The Payment Card Industry Data Security Standard, or PCI-DSS, is a security standard that must be met by all companies that handle, store, or transmit credit card data from the major card brands. It exists to protect consumers and minimize the potential damage associated with payment-related data breaches.  PCI compliance refers to a company’s ongoing […]

Next day funding is a feature offered by some payment processors that sees the funds from a merchant’s batched transactions hit their account in as little as a single business day, with no standard hold applied. Processors set a cutoff time, and the funds from any transaction batched before that time will be available in […]

Mobile merchant account services enable merchants to free payments from the front checkout and start taking them on the move, where and when they’re needed. Systems include wifi-based handheld payment terminals paired with point-of-sale systems, card readers that can be plugged into any smartphone or tablet, and digital wallets like Apple Pay that turn the […]

Every business looking to make credit or debit card sales will eventually have to engage with some type of payment processor, also sometimes known as a merchant services provider. These companies offer a number of products and services designed to facilitate secure, convenient card transactions, but they also offer a wide variety of value-added services […]

Chargebacks are an unavoidable part of doing business which is why having a solid chargeback defense is of the utmost importance. In some cases, chargebacks are warranted, and there isn’t much a merchant can do about it. But, in many cases, chargebacks are submitted on transactions in which the merchant did everything right and has […]

Cash payments have fallen out of favor, making up only 12% of transactions in the U.S. in 2020. The global COVID-19 pandemic has driven that down even further as health-conscious consumers have flocked to contactless payments. With card payments now the standard, even the smallest merchants need to find ways to move away from cash […]

Toast is one of the premier merchant services providers in the restaurant industry, offering a full suite of products and services designed specifically to help restaurateurs do business and accept payments. But with so many POS systems and payment processors available on the market, determining whether Toast is the right partner can be difficult for […]

The world is digital, and whether it’s an in-store purchase or an online order, consumers expect to be able to pay quickly and easily, and that means cards. Cash is almost obsolete at this point, meaning more and more merchants are looking for new ways to accept electronic payments with the lowest possible cost and […]

BAMS is the industry leader in payment processing, trusted by thousands of merchants across the globe. That success is due to our full suite of features designed to help businesses like yours accept electronic payments with less fuss, and lower fees. BAMS has been designed from the ground up to provide all of the functionality […]

We now live in a digital world, and online shopping has become king. A 2018 study by NPR found that an astounding 75% of Americans have purchased something online, and every year consumers shift more and more of their shopping to the web. As the leader in electronic payments, we at BAMS understand how important […]

Chargebacks are an unfortunate reality of accepting credit card payments, but they aren’t something businesses have to lie down and accept without a fight. Some chargebacks are completely legitimate, like cases where a purchase was made fraudulently by a third party. But many chargebacks are fraudulent, frivolous, or abuses of the system. In those cases, […]

All BAMS business owners receive full access to IRIS CRM, one of the most powerful customer resource management platforms currently available on the market. IRIS CRM provides a full suite of tools that enable companies to manage all aspects of their operations, from communications to leads and prospecting, to sales, to payments, and beyond. One […]

Your supermarket depends on the people that live in your local community, and just as importantly, they depend on you. Your success and growth come down to the quality of service you provide and the value your customers get for their hard-earned dollars, and both of those factors are impacted by payment processing. BAMS is […]

While every business is different, there’s one thing we all have in common – the need to process customer payments. Unfortunately, the process comes at a higher price. Literally. Ask yourself – how much does your business spend on payment processing fees? What about things like chargeback and next-day funding? Chances are, you use one […]

Merchant services play a large role in your business. They help you collect revenue, but they also impact your expenses. Find the right company that doesn’t disrupt your cash flow.

When you’re looking for a payment processing service so you can make personal online transactions, you might just use the first thing you come across. But when it comes to your business, you want to back up your choice with some research. Different payment processing tools, like PayPal, Stripe, and BAMS, offer a wide array […]