Next-day funding is one of the most beneficial services a payment processing partner can offer to your business. The standard funding hold imposed by most merchant services providers can easily eat up two to three days between the time you make a sale and the time that money lands in your bank account. That’s valuable time, and by eliminating it, payment processors that offer next-day funding – like BAMS – make it clear that your company’s financial health is their top priority, even if it means assuming a little more risk on their end. In addition to the reaffirmation of your processing partner’s commitment to your company’s success, next-day funding also offers a number of significant benefits to your business – both tangible and intangible. The following represent just three of those benefits and make it clear why the availability of next-day funding should be an important box to check off whenever you shop for a new merchant services provider.
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 highest possible convenience. It might be easy to turn to a company like PayPal out of sheer brand recognition, but if your business is looking to get started accepting credit cards, there’s a very good chance you’d be much better off with your own merchant account.
At BAMS we are proud to help your business grow, and that’s why we want to introduce one of our clients’ success stories.
Alan Pendergrass Robes was founded 13 years ago in Chaffee, MO. Its founder Alan Pendergrass used to run his family business for many years before leaving and starting his own business (without the family).
Providing extremely fast shipping, extremely fast communication and keeping inventory in stock have been some of the keys to this business’s success. Alan has also partnered with retail stores and spas to provide personalization or monogramming services to help make the robes stand out.
Alan was leery of making a change, having been put off by what he felt were misrepresentations by unethical companies he had dealt with in the past.
When he was first approached by us he did not make the switch right away, but the BAMS sales specialist Ashley Moore recontacted him a year later and he decided to give BAMS a chance.
“So far BAMS 100% did what they said they would do with no hidden surprises.” – Alan Pendergrass
If you need to get some customized robes or learn more about Alan’s business please visit his website www.alanpendergrassrobes.com
Learn more about how a BAMS merchant account can save you money and boost your profitability today!
Square is almost synonymous with phone-based mobile payment processing, but Clover – a company owned by processing giant First Data – has been carving out their own chunk of the market and making a name for themselves with availability in retail settings like Sam’s Club. Each company offers a small card reader designed to integrate with all iOS and Android smartphones, and while the hardware is incredibly similar, there are enough differences in the software and fee structures to make doing a little research well worthwhile before choosing one over the other. Below we provide a quick analysis of where each option shines, where the two companies fall short, and which option wins out in the end.
Choosing a merchant services provider is a serious task and picking the wrong merchant account can result in headaches with integration, unnecessarily high fees, and delays in deposits reaching a merchant’s bank account. Merchants choosing between BAMS, Braintree, and QuickBooks Merchant Services – three of the most popular merchant services providers on the market – have a lot to think about, as each company provides highly capable and feature-rich offerings. However, there are some significant differences between the three, and this article aims to compare and contrast them in three key areas; pricing, support, and onboard features.