Sacramento, CA (PRWEB) February 15, 2013
Merchant Data Systems (MDS) provides transaction services for businesses in California and throughout the country. Many merchant account providers operate independently of any bank by providing services to small businesses in a local area. In response to the needs of the individual merchant account providers, the company has decided to launch it's Merchant Acquirer service to allow small credit card processors to have more access to capital and grow their businesses. It also provides an exit strategy for small merchant account processors looking to sell their businesses.
Merchant service sales is a relatively profitable industry for solo operators. The industry relies on a person going to a small business and offering credit card transaction processing services to the business owner for a fee. However, as a result of tough economic times, many of the same small firms that sell individual merchant accounts are looking for ways to get access to additional capital for their businesses to grow. Merchant Data Systems is a company which is well-capitalized and in a good position to provide service and support to many small merchant account companies. The company has been in business since 1997 and has a solid track record of financial responsibility and profitability.
Those whom have been in the merchant account business for a long time have accumulated merchant portfolios of multiple small businesses using the transaction services of a company. As a result of commissions paid through credit card transaction fees, these portfolios can become profitable very quickly. This is a source of residual income for any individual business owner, and can build up over time as more merchant accounts are added to the portfolio and the company acquires more clients. Adelard Gasana, Co-Founder of Karma Snack and partner with MDS mentions, "Merchant Data Systems believes in working with their clients. Through dedicated business relationships the company aims to help businesses expand and grow to their fullest potential."
However, tough economic times can hit and it may become necessary for a small operator to sell a merchant portfolio. Selling a business is a very difficult thing to do as a business can essentially become a person's life work. But, selling can provide access to much-needed capital and resources that a larger company may provide. Luckily, Merchant Data Systems has made it possible for small operators to sell their merchant accounts while still maintaining control and ownership of their business. The portfolio can be converted to company stock, and the company is still able to pay out many of the same benefits that the individual operator has enjoyed. The original owner will still be involved in many of the decisions regarding the operation of the business.
For those looking for a turnkey way to enter the merchant account processing business, it is also possible to buy a merchant portfolio from MDS. Purchasing a merchant account portfolio will allow any prospective business owner to enter the industry without having to do much of the required legwork of finding clients. Once the portfolio is purchased, the owner of the account can enjoy the commissions earned by the different companies in the merchant account portfolio. The transaction fees accumulate and become a source of passive income for the account owner. As a source of passive income, the fees from the different merchant accounts tend to produce large profits for the owner of the portfolio.
People whom are currently ISOs (Independent Service Organizations) looking to sell an ISO portfolio can easily sell their portfolio to MDS. MDS will pay cash for any portfolio that is profitable. Selling a portfolio can help those people get access to needed cash and other important ways to finance their businesses. Selling one portfolio can allow an owner to have the needed capital to expand on a relatively untapped market. In effect, selling a portfolio is a smart business decision for those whom are looking for growth capital.
Aside from purchasing merchant accounts, MDS is a major merchant processing company. Individual merchants work with the company to process credit cards at an affordable rate. Compared to other companies, MDS offers comparatively lower fees to businesses that work with them. As a business, MDS credit card terminals are used by many small business owners that benefit from the company's services.
MDS's Mergers & Acquisitions Partner Program allows small businesses that provide merchant terminals the chance to work with a bigger company with more resources for growth to do exactly that - grow. Being in the industry for many years gives the company the chance to build relationships with small business around the world and ways to build their businesses up for maximum success.