The Ideal Merchant Account: Payment Processing with BAMS
Your merchant account is a key aspect of your company’s operations, growth, and overall success. And, while there is no shortage of options on the market today, only a few payment processors offer the service, support, and pricing necessary to truly stand out. BAMS is a leading processor providing merchant accounts designed specifically to offer ecommerce and brick-and-mortar merchants better pricing, leading payment gateways, more personal support, and the widest array of value-added services possible, enabling you to compete better and earn more in even the most competitive industries.
BAMS Merchant Accounts Offer the Most Competitive, Transparent Pricing
Transaction fees add up fast, and minimizing them matters to your profitability. BAMS merchant accounts use interchange-plus pricing – the lowest, most transparent fee model available in the industry. With interchange-plus pricing, transaction fees dynamically update to match the actual interchange rates charged by the banks, ensuring each transaction carries the lowest possible fee, instead of the highest possible fee.
As a BAMS merchant, you’ll enjoy our leading payment processing, value-added services, and unmatched support while simultaneously slashing your monthly statements and understanding your pricing more clearly.
Click here to find out more about the BAMS Competitive Price Guarantee.
BAMS Merchant Accounts Integrate with the Most Popular Payment Gateways and POS Systems
When you choose a BAMS merchant account, you’ll never be forced into a limited selection of payment software or hardware solutions. BAMS payment processing services integrate seamlessly with all the most popular payment gateways, point-of-sale systems, and ecommerce platforms, so you’ll be able to build the ideal payments technology stack for your company’s needs. You’ll also never have to worry about expensive technology changes if you’re an established merchant with existing payment tech already in place.
Read more now about the full list of BAMS payment gateway and system integrations.
BAMS Merchants Enjoy Unparalleled Dedicated Customer Support
Your payment processor is a major partner in your success, and that should be apparent whenever you reach out for support. There will inevitably come a day when you’ll need guidance or immediate assistance, and when that day comes, you shouldn’t have to fight through a frustrating call center experience or work with a support agent that doesn’t know you and your business intimately.
As a BAMS merchant, you’ll be assigned a dedicated support specialist whose job is to build a relationship with you and know your business inside and out so that when support is needed, it can be provided quickly, efficiently, and successfully – all on a more personal level.
Click here to read more about BAMS’s dedicated support specialists.
BAMS Merchant Accounts Make Fighting Chargebacks and Fraud Easier
Improperly filed chargebacks – often referred to as “friendly fraud” – are a huge problem, costing the payments industry a mind-blowing $25 billion per year. On the merchant level, the cost for every $100 in chargebacks is actually more like $240 when you factor in the refund, lost merchandise, and the time and effort it takes to manage everything. Minimizing chargeback losses should be a top priority for all businesses, and a BAMS merchant account is ideally suited to the task.
BAMS merchants get access to Dispute Assistant Manager, a tool designed to make chargeback defense faster, easier, and more consistent. With Dispute Assistant Manager, automatic notifications go out on day zero, day one, and day three to ensure you never miss a single chargeback. Once you’re ready to respond, the system provides you with an easy-to-follow checklist outlining exactly what evidence you need to submit to win the dispute. Finally, you can manage the entire process, from document submission to monitoring to historical review, all through the same dashboard. The result is fewer chargebacks lost, more money in your pocket, and far less time wasted.
Click here to read more about BAMS chargeback defense and Dispute Assistant Manager.
BAMS Offers Next-Day Funding to Qualifying Merchants
Your money belongs in your bank account, and a BAMS merchant account helps it get there faster, thanks to next-day funding. BAMS next-day funding sees the two-to-three-day standard holds so common across the payments industry removed for qualifying, experienced merchants. Instead, merchants that batch transactions by the generous 9 PM EST cutoff time will see the funds hit their merchant account by 7 AM EST the following business day – as little as ten hours later.
Getting faster access to your funds offers a wide variety of benefits, from healthier cash flow, to improved ability to handle emergencies, to better planning and forecasting, and more. To ensure these benefits are as widely available as possible, BAMS offers next-day funding to more of our merchants than the competition and provides one of the industry’s latest cutoffs.
Click here to find out more about BAMS next-day funding.
BAMS Makes it Cheaper and Easier to Accept American Express
The more types of payment you accept, the more convenience you can offer your customers. From digital wallets like Apple Pay to mobile payments to contactless EMV, BAMS merchant accounts are designed to maximize your payment options – including American Express. Traditionally, Amex has been too expensive and too difficult to offer for most small merchants, but by partnering with Amex OptBlue, BAMS makes offering customers American Express as simple and affordable as any other card.
The OptBlue program effectively adds Amex to your standard processing application, enabling you to take Amex payments as part of your standard BAMS merchant account with no extra work required on your end. It’s a simple, straightforward solution that ensures you’ll never have to politely decline to accept an American Express card ever again.
Click here to read more about BAMS and American Express OptBlue.
BAMS merchant accounts represent one of the most feature-rich, merchant-friendly, low-cost payment processing solutions on the market today. Guaranteed competitive pricing, maximized choice in payment systems, unmatched support, faster access to funds, and much more combine to make a BAMS merchant account the ideal solution for your business, regardless of your size or industry.
To find out more about how a BAMS merchant account can improve all aspects of your payment processing while slashing your monthly statement, get started with your free five-point price comparison today.
