Lincoln, NE (PRWEB) September 19, 2012
In an effort to help hotels, motels and resorts with their credit card processing needs, Merchant Data Systems has teamed up with Karma Snack. The travel industry has specific needs for their customers and the ability to have credit card terminals and invoicing solutions online is mandatory.
Customers want to be able to make reservations online without talking to a customer service representative. Having proper e-commerce with an online merchant shopping cart is important. People need to be able to make reservations and be able to change them need day or night. The online lodging merchant must have a system that can meet the demands of their customers. The customers need to be able to make payments with their credit cards for security deposits, as well as guaranteeing their room.
The online system must also be able to confirm the reservation and charge the customers for no shows and cancellations past the guarantee date. With all of these considerations in mind, Karma Snack and MDS are working together to bring the lodging industry the help they need. From POS integration to the use of a virtual merchant, it is one more way that MDS is giving back to its customers.
Mobile payments are a new and exciting way to process electronic payments. It is often called a mobile wallet. The technology has been in place for a while, but it is just now starting to become popular. A consumer who wants to pay for hotel stay can simply pass their smartphone in front of a card reader. They do not need to have a credit card in hand. For those who think this method of payment is risky, it is safe and compliant with all PCI regulations. The ability to accept credit cards through a cell phone is a fascinating way to allow customers flexibly to pay for their lodging. All smartphones that have Apple or Android software can use these features by downloading an application for mobile credit card processing.
In every company there will be periods when the money flow is not sufficient. Whether it is a lack of funding to cover payroll, or an unexpected repair or breakdown in the motel, unforeseen needs must be addressed. Unexpected events can cause great cash flow problems. A merchant cash advance can help a company get the cash they need during difficult times. MDS offers their merchants the help they need when things are sluggish. Similar to that of a cash advance loan, the amount that MDS will loan is based on electronic payments averages from prior months. There is no need to go get a bank loan, MDS will grant the merchant a short term loan that can be paid back with future transactions they process.
Merchant Data Systems is a recognized global leader that works with companies that are considered to be a high risk merchant. Merchants, who find themselves in a high risk profession, may have a hard time finding a credit card processing company to back them. Merchant Data Systems looks beyond the risk of the company and offers these merchants effective solutions to help. Opening a merchant processing account just takes a little bit of documentation. MDS will ask for verification that the establishment is a legal operating business. Because MDS is PCI compliant, they will ask for verification to ensure they can legally safeguard their processing customers. MDS will offer training to their business customers and help them to understand what is required to make their business fruitful. They will also train them in safe practices and give them tools that are essential to process credit cards safely.
When people think of merchant processing, they think of credit card machines and electronic payments. In all actuality, this is just a small fraction of what MDS focuses on. They offer payroll solutions, and much, much more. How can MDS offer payroll solutions on top of their electronic processing? Easy, they team up with payroll giants in the country. Payroll companies have sophisticated software packages that allow them to easily process payroll. It can be very cost effective to have payroll outsourced and is also great during tax season when W-2’s and end of the year payroll tax reports are due. Have someone else get through the thicket of regulations regarding payroll and dealing with the IRS. MDS can offer great prices on having payroll done for their merchants.
Merchant services offered by MDS include wireless processing, virtual terminals, electronic check processing, sales and equipment financing, invoicing solutions and much more. MDS’ goal is to be an effective solution for all the business needs. They are a customer service driven company that exists to help their merchants succeed in the business world.