Raleigh, NC (PRWEB) October 12, 2012
Merchant Data Systems, a leader in merchant processing services, is reaching a bit further into its bag of tricks to help business owners in the state of North Carolina. The company has announced the rolling out of a new program that will allow those who wish to sell ISO portfolios a myriad of different business ventures. The program, aptly named a Mergers & Acquisitions Partner Program is the newest program in the company’s growing list of services and processing options.
Merchant Data Systems was founded more than 20 years ago as a credit card processing venture. The founders and early adapters understood that merchants across the country would require help managing an influx of demands. The company also recognized that the industry was moving swiftly towards a “plastic economy”. By offering merchants an easy, convenient and affordable way of accepting multiple types of payments, they helped small and medium size businesses grow. As the years went by, the company began to offer more services that would benefit the changing and morphing economic landscape. Today, MDS offers merchants all types of services that keeps their businesses up and running. E-Commerce help, mobile payment options and even payroll solutions have been pioneered, created and processed through the staff at MDS. MDS knew it was time to further expand on their practices. There was more that could be done for businesses, and MDS headed to the drawing board to come up with new and different ways to offer successful packages. What was found was that many business owners and merchants needed a way to gain access to the wealth of information and services that merchant processing companies had access to and that is exactly what was done.
While many people are aware of the company’s reach in the world of payment processing, few people realize there is an entirely different suite of services offered by MDS. The company has a division that is considered a merchant acquirer. The acquisitions of merchant portfolios side of the business helps those looking to sell their ISO portfolios by offering to buy merchant portfolios. While there are many companies who offer this service, MDS’ suite of services is inherently different. The company can afford to offer merchant services sales options that are much different than even the closest competitor.
The company owns and operates its own BIN, meaning that all processed requests are done so through an in-house bank. Additionally, the company has a desire to offer businesses a myriad of options. After all, the philosophy of MDS was built on providing options and solutions to business owners.
Unlike other merchant acquirers, MDS believes in giving merchants the power in the situation. The partner program is a joint venture in which MDS comes onto the scene and helps the merchant expand and revolutionize the business. Profit sharing is part of the merchant portfolio hammered out during the acquisitions phase. Many ISO owners have likely looked into how to sell a merchant portfolio in the past. It, after all, has been a leading way of generating capital for some time now. What many are faced with is programs that look to offer a “hostile takeover” of sorts. MDS offers a much gentler transition and does not look to take over the business as a whole, but rather to become a partner and streamline to the process to ensure success and continued growth of the ISO in question.
Merchants who make the decision to take part in this partner program in North Carolina are offered a number of perks that are generally hard to come by elsewhere. MDS offers all of their customers 24 hours a day, 7 days a week customer service. When MDS signs off on a company like this, the clients are given access to MDS’ customer service immediately. Additionally many of the service packs offered to businesses as a whole are offered to those within the partner program.
Merchant Data Systems believes in giving merchants the power. There is something to be said for fostering the business dreams of another entity. MDS has taken great pride in filling their staff with caring, trained and educated professionals who are well versed in the ins-and-outs of, not only business, but of emotion and changes to the economic structure as well.