Austin, TX (PRWEB) October 05, 2012
Merchant Data Systems has just recently launched a Mergers and Acquisitions Partner Program in Texas. The company, which was established in 1997, is bringing its unique talent, skills and expertise to the state. This is solely for the purpose of gaining access to the many merchants there, as well as the ISO agents who might wish to sell merchant portfolio.
There are many things that Merchant Data Systems can offer merchants who decide to partner with the company. This is especially so for the merchants in Texas. In order to understand some of the quality services that the company can offer, one has to be able to grasp the meaning of some of the terms used in the merger and acquisitions sector.
The company serves as a merchant acquirer for its current and future business partners in Texas. A merchant acquirer can be described as a financial company, such as a bank that provides an interface for a retailer, which allows the retailer to be able to use different card schemes. This service is essential to merchants who need to accept debit and credit cards. The most popular card schemes at the moment are VISA and Maestro.
Essentially, the company will act as a form of incubatory shield to the business partner so that he or she does not have to deal with the complicated concerns of different card schemes. The good news for businesses is that MDS has been a merchant acquirer for 15 years. In addition to this, the company has been able to steadily make profits since its formation.
Many businesses might not yet know the importance of merchant acquiring or might not know how to go about it. Merchant acquiring primarily involves four groups. These include the merchants themselves, the acquirers (in this case MDS), card issuers and the individual card owners. A company like MDS comes in to hasten the process of safe transactions and widens the customer base of the business. This is because customers have a wider channel of purchasing either via telephone, face to face or over the Internet.
Other benefits of merchant acquiring include allowing merchants to automatically transfer funds. This is an integral activity in every business in the modern world. In addition to this, businesses are protected from fraud, as the acquirer can easily locate and report missing or stolen cards. The businesses also handle minimal amounts of cash, which enhances the aspect of transparency. MDS offers these merchant services sales as well as other services to its business partners, in line with its unique partnering program.
MDS also has a program for purchasing merchant portfolios from ISO agents. ISO agents are individuals or organizations that maintain records of merchant portfolios. These portfolios are basically merchant accounts of the credit processing activities that the business has carried out over a period of time. The agents usually provide these accounts to businesses at a considerable fee. The ISO agent has the option to sell their merchant portfolio to a company such as MDS.
The company also accepts to partner with the agents in order to maintain a smooth flow of transactions for the merchants. The company assures such agents that they will receive their cut as soon as the sale of the merchant portfolios is closed. The corporation strives to close such deals as fast as possible. This is advantageous to the agents as they can obtain the cash to continue building the business or acquire the cash immediately so that they receive additional amounts.
There are many benefits that an ISO agent can gain if they opt to sell ISO portfolio to Merchant Data Systems. One obvious benefit is the fact that the company provides instant funds for such transactions. In addition to this, it is company policy to partner with the ISO agent after it decides to buy a merchant portfolio.
This is unlike other companies that pay the whole amount for the portfolio and take the business completely out of the picture. Such companies then proceed to make huge profits from the business. MDS actually partners with the business and helps it build its portfolio in order for the business, as well as the company to receive additional profits.
The merchant processing at MDS is credible and strives to cut costs and grow profits for the merchant and the business. The company takes it upon itself to out all credit processing activities so that the business continues to grow. MDS is committed to forming “Joint Ventures” with agents who are intent on partnering with the company in order to see it grow and expand. The Mergers & Acquisitions Partner Program offered by the company also has a unique buyout program for those who want to sell their portfolios.